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O'Garro Inc. has paid a regular quarterly cash dividend of $0.70 per share for several years. The common stock is publicly traded. On February 21
O'Garro Inc. has paid a regular quarterly cash dividend of $0.70 per share for several years. The common stock is publicly traded. On February 21 of the current year, O Garro's board of directors declared the regular first-quarter dividend of $0.70 per share payable on March 30 to stockholders of record on March 15. Required: As a result of this dividend action, state what you would expect to happen to the market price of the common stock of O'Garro Inc. on each of the following dates. a lalolo February 21 March 13 March 15 March 30
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