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Which one of the following is the best example of an announcement that is most a

ID: 2677094 • Letter: W

Question

Which one of the following is the best example of an announcement that is most apt to result in an unexpected return?


A)A news bulletin that the anticipated layoffs by a firm will occur as expected on December 1

B)Announcement that the CFO of the firm is retiring June 1st as previously announced

C)Announcement that a firm will continue its practice of paying a $3 a share annual dividend

D)Statement by a firm that it has just discovered a manufacturing defect and is recalling its product

E)The verification by senior management that the firm is being acquired as had been rumored

Explanation / Answer

statement by a frim that it has just discovered a manufacturing defect and is recalling its product.

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