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In an efficient market investor rapidly make buy and sell decisions that cause this new dividend information to be quickly reflected in the companyâ€™s stock price. Go to the internet and search for â€œdividend announcementsâ€ and find an article about a specific dividend announcement that resulted in a change in stock price. After you find your article, answer the following question
1. Provide a citation (web site address so I can look it up) of the article and list the dividend change that occurred.
2. What has happened to stock price since the announcement? Is this what you would expect given the content of the article?