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2) Paul Inc. announced a $1.50 per share dividend with an ex-date of May 15. If the closing price of Paul's stock was $35 dollars

2) Paul Inc. announced a $1.50 per share dividend with an ex-date of May 15. If the closing price of Paul's stock was $35 dollars on May14. What would we expect the price to be on the close of the 15th, assuming zero movement in the market

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