Which of the following types of information provides a likely opportunity to earn abnormal returns on the

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Which of the following types of information provides a likely opportunity to earn abnormal returns on the market?
(a) The latest copy of a company's annual report.
(b) News coming across the NYSE ticker tape that 100,000 shares of Oracle were just traded in a single block.
(c) Advance notice that the XYZ Company is going to split its common stock three for one but not increase dividend payout.
(d) Advance notice that a large new issue of common stock in the ABC Company will be offered soon?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Financial Theory and Corporate Policy

ISBN: 978-0321127211

4th edition

Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri

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