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Plzz help me with this question. Thank you . I will give two upvotes immediately 2. 30 points. StableCo is declaring a regular $1 per
Plzz help me with this question. Thank you . I will give two upvotes immediately
2. 30 points. StableCo is declaring a regular $1 per share quarterly dividend. This will be the first dividend they have ever paid. Their share price is currently $27. They will be announcing this dividend on December 1st. The cum dividend date is December 5th and the ex dividend date is December 6th. a. Would you expect that StableCo's share price would go up or down on December 1st? (5 points) b. Would you expect that StableCo's share price would go up or down on December 6th? By approximately how much? (5 points) c. What does the fact that StableCo is declaring a regular dividend tell you about their future growth prospects and investment opportunities? (10 points) d. Give two reasons you might not be happy about this development as a StableCo shareholder. (10 points)Step by Step Solution
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