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Assume the stockholders of Barrick stock are in the 25 percent tax bracket. The closing price of the stock today was $64.20 a share. The
Assume the stockholders of Barrick stock are in the 25 percent tax bracket. The closing price of the stock today was $64.20 a share. The firm pays a quarterly dividend of $1.72 per share. What is the expected opening price of the stock tomorrow if tomorrow is an ex-dividend date?
$46.38 | ||
$50.74 | ||
$56.33 | ||
$62.91 | ||
$68.12 |
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