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Question 1 I. ABC Corporation announced that it will pay a dividend to all shareholders of record as of Monday, April 2 , 2 0
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I. ABC Corporation announced that it will pay a dividend to all shareholders of record as of Monday, April It takes three business days of a purchase for the new owners of a share of stock to be registered. marks
a When is the last day an investor can purchase ABC stock and still get the dividend payment?
b When is the exdividend day?
II Roundtree Software is going public using an auction IPO. The firm has received the following bids:
Assuming Roundtree would like to sell million shares in its IPO, what will the winning auction offer price be marks
tablePrice $Number of shares
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