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MC algo 17-3 Dividends And Stock Prices A company has declared a dlvidend of $6.15 per share on its stock. Copital gains are not taxed,

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MC algo 17-3 Dividends And Stock Prices A company has declared a dlvidend of \$6.15 per share on its stock. Copital gains are not taxed, Suppose the iRS has issued a new reguiation that requires taxes of 15 percent be withheld at the time the dividend is poid: The stock currently seils for $92.35 per share. What will the ex-dividend price be

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