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Natsam Corporation has $250 million of excess cash. The firm has no debt and $500 million shares outstanding with a current market price of $15
Natsam Corporation has $250 million of excess cash. The firm has no debt and $500 million shares outstanding with a current market price of $15 per share. Natsam's board has decided to pay out this cash as a one-time dividend. What is the ex-dividend price of a share in a perfect capital market
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
