Dividend Policy Verizon Communications has announced a $1.83 dividend. If Verizon's last price while trading cum-dividend is $54.82, what should its first ex-dividend price be (assuming perfect capital markets)? Round your answer to two decimals. Do not use a $ sign. I QUESTION 4 Dividend Policy AT&T has 1,000 million shares outstanding selling for $59.88 per share. It plans to repurchase 250 million shares at the market price. What will its stock price be after the repurchase? Round your answer to two decimals. Do not use a $ sign.

Verizon Communications has announced a $1.83 dividend. If Verizon's last price while trading cum-dividend is $54.82, what should its first ex-dividend price be (assurning perfect capital markets)? Round your onswer to two decimals. Do not use a $ sign. QUESTION 4 Dividend Policy AT\&T has 1,000 milion shares outstanding selling for $59.88 per share. It plans to repurchase 250 milion shares at the market price. What will its stock price be after the repurchase? Round your answer to two decimals. Do not use a s sign