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A company declares a dividend of 10 cents per share. Immediately prior to the declaration of the dividend, the share price was $3.37. At the

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A company declares a dividend of 10 cents per share. Immediately prior to the declaration of the dividend, the share price was $3.37. At the close of trading on the last cum-dividend day, the share price was $4.8. What is the theoretical ex-dividend price of the share? Please round your answer to two decimal places (if necessary), and don't insert a comma (,) or dollar sign in your

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