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Question 5 2 pts Doorstep, Co. stock is currently trading at 24.83 per share. The company pays a regular cash dividend of 0.31 every quarter.
Question 5 2 pts Doorstep, Co. stock is currently trading at 24.83 per share. The company pays a regular cash dividend of 0.31 every quarter. Tomorrow is ex-dividend day for the upcoming regular dividend. Assuming there is no new information released about the company how much do you expect the company's stock to trade for tomorrow? Assume there are no taxes involved. Round to 2 decimal places. Question 6 2 pts On Tues, July 30, 2019 ABC Corp declared a dividend to be paid on Friday, September 6, 2019. The date of record is Thursday August 29, 2019. What is the ex dividend date? Remember that on Sept 5, 2017 the SEC adopted T+2 settlement Thursday, August 29, 2019 Mon, August 26, 2019 Tue, August 27, 2019 Wed, August 28, 2019 Question 1 2 pts Assume you received annual qualified dividends of 3,201 in a taxable account (this is not an IRA, 401K,403b). Further assume that you are in the highest tax bracket and those dividends will be taxed at 20%. How much tax will you owe for these qualified dividends? Round to 2 decimal places Question 2 2 pts You own 10,000 shares of Mars, Co. which is currently trading for 11.45 per share. The company has announced that it will soon pay a special dividend of 1.1 per share. Tomorrow is the ex-dividend day. Ignoring taxes, what do you expect your block of shares will be worth tomorrow? Round your answer to two decimal places
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