Give typing answer with explanation and conclusion Compare and discuss the relevant theory for the findings of the market reaction to dividend changes in (e(iii)). In your discussion, include signalling hypothesis, free cash flow hypothesis, and the clientele hypothesis. 3-day stock return: 1.96% 2-day stock return: 1.96% 3-day market index return: -1.64% 2-day market index return: -0.68% 3-day access return: 3.6% 2-day access return: 2.64%

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