Question 4 (20 marks) (a) The Green Fiddle has declared a $4 per share dividend Suppose capital gains are not taxed, but dividends are taxed at 12 percent New IRS regulations require that taxes be withheld at the time the dividend is paid Green Fiddle stock sells for $75 50 per share, and the stock is about to go ex dividend What will the ex dividend price be

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Question 4 (20 marks) (a) The Green Fiddle has declared a $4 per share dividend  Suppose capital gains are not taxed, but dividends are taxed at 12 percent  New IRS regulations require that taxes be withheld at the time the dividend is paid  Green Fiddle stock sells for $75 50 per share, and the stock is about to go ex dividend  What will the ex dividend price be

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Question 4 (20 marks) (a) The Green Fiddle has declared a $4 per share dividend. Suppose capital gains are not taxed, but dividends are taxed

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