RFC Corp. has announced a $1 dividend. If RFCs price last price cum-dividend is $50, what should

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

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Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jun 12, 2024 01:12 AM

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RFC Corp. has announced a $1 dividend. If RFCs price last price cum-dividend is $50, what should

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Corporate Finance

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