Question
A company just announced a 10.00% stock dividend. The stock closed at $49.04 the day before the ex-dividend date. Assuming no other events happened overnight,
A company just announced a 10.00% stock dividend. The stock closed at $49.04 the day before the ex-dividend date. Assuming no other events happened overnight, what will be the opening price for the stock on the ex-dividend date?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
