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Consider an investor who only holds one share of XYZ stock, which is currently valued $10 per share. The stock will go ex-dividend tomorrow. Determine
Consider an investor who only holds one share of XYZ stock, which is currently valued $10 per share. The stock will go ex-dividend tomorrow. Determine the dividend amount which would decrease the value of the investors portfolio tomorrow by $0.02. Dividends are subject to 20% tax rate. (Assume everything else is equal and ignore any possible value increasing effects of dividends.) Show your work.
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