Question: (Related to Regardless of Your Major: Firms Almost Never Decrease Their Dividend on page 536) In the feature titled Regardless ofYour Major, we learned that
(Related to Regardless of Your Major: Firms Almost Never Decrease Their Dividend on page 536) In the feature titled Regardless ofYour Major, we learned that firms try to sustain their dividend payout even in economic downturns. Use the Internet to determine what General Electric (GE) did with respect to its dividend in 2009. Why do you think they took this action?
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