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Dantoy inc. has anvounced a $10 dividend, If Danroy's last price while trading cum-dividend is $75, what should its fist ex-dividend price be (assuming perfect

Dantoy inc. has anvounced a $10 dividend, If Danroy's last price while trading cum-dividend is $75, what should its fist ex-dividend price be (assuming perfect capital markets)? A. 565 B. 395 C. $85 D. 575

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