Question
Corporation A has just announced a $1 cash dividend. If Corporation A's stock price cum-dividend is $50, how would the market react to this announcement
Corporation A has just announced a $1 cash dividend. If Corporation A's stock price cum-dividend is $50, how would the market react to this announcement and what should its share price be ex-dividend (assuming perfect capital markets)?
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Fundamentals Of Financial Management
Authors: James C Van Horne
3rd Edition
0133393410, 978-0133393415
