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A is a listed company.

A is a listed company. Its shares trade on a stock market exhibiting semi-strong form efficiency.

 

Which of the following is most likely to increase the wealth of A's shareholders?

A.

Announcing that a project will be undertaken generating a positive net present value.

B.

Announcing that the final dividend will remain unchanged from the previous 3 years.

C.

Announcing that a non-current asset will be revalued in the statement of financial position.

D.

Announcing that inventory will be impaired.

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