2. RFC Corp. has announced a $1 dividend. If RFCs last price while trading cum- dividend is...

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2. RFC Corp. has announced a $1 dividend. If RFC’s last price while trading cum- dividend is $50, what should its first ex-dividend price be (assuming perfect capital markets)?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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