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Douglas holds 1,000 shares in PostMark, a firm with a stock price of $100. Postmark will pay a quarterly dividend of $1.00 per share and
Douglas holds 1,000 shares in PostMark, a firm with a stock price of $100. Postmark will pay a quarterly dividend of $1.00 per share and will go ex-dividend tomorrow. Douglas would prefer that the dividend be twice as high, $2.00 per share. Given this preference, which of the following actions comes closest to what you would you suggest for Douglas at the moment the stock goes ex-dividend? Assume perfect markets. A. He should sell 101 shares of Postmark. B. He should sell 10.1 shares of Postmark. C. He should buy 10.1 shares of Postmark. D. He should buy 1 share of Postmark. E. He should sell 1 share of Postmark. Douglas holds 1,000 shares in PostMark, a firm with a stock price of $100. Postmark will pay a quarterly dividend of $1.00 per share and will go ex-dividend tomorrow. Douglas would prefer that the dividend be twice as high, $2.00 per share. Given this preference, which of the following actions comes closest to what you would you suggest for Douglas at the moment the stock goes ex-dividend? Assume perfect markets. A. He should sell 101 shares of Postmark. B. He should sell 10.1 shares of Postmark. C. He should buy 10.1 shares of Postmark. D. He should buy 1 share of Postmark. E. He should sell 1 share of Postmark
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