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c) AT&T based US subsidiary will announce a $1.50 per share cash dividend on June 1, 2022. It is noted that June 16 and 20

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c) AT&T based US subsidiary will announce a $1.50 per share cash dividend on June 1, 2022. It is noted that June 16 and 20 are local holidays because of Corpus Christi and Labor Day respectively. If June 22 is the date-of-record, what would have been the ex-dividend date? What would be the ex-dividend stock price if the price before the ex-dividend date is $18 per share? The calendar month of June 2022 is shown below for reference. June 2022 12 13 14 15 16 17 19 20 21 22 23 24 26 27 28 29 30 13 25

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