Question
Hello this Is a question on my FIN 3060 HW and I am having trouble solving it. If someone could please provide and answer and
Hello this Is a question on my FIN 3060 HW and I am having trouble solving it. If someone could please provide and answer and explanation it would be greatly appreciated. Thank you
Your portfolio is 260 shares of Barden, Inc. The stock currently sells for $96 per share. The company has announced a dividend of $2.70 per share with an ex-dividend date of April 19. Assuming no taxes, how much will your stock be worth on April 19? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Stock Value: $?
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
