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emma corp has asset with market value of $600 m , $50 milion of which are cash . it has debt of $ 250 million
emma corp has asset with market value of $600 m , $50 milion of which are cash . it has debt of $ 250 million and $50 million shares outstanding . assume perfect capital market . what is the stock proce on ex dividend date it cash reserve of $50 million is used to pay dividends?
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