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RFC Corp. has announced a $1.00 dividend. If RFC's last price while trading cum-dividend is $50, what should be its first ex-dividend price be (assuming
RFC Corp. has announced a $1.00 dividend. If RFC's last price while trading cum-dividend is $50, what should be its first ex-dividend price be (assuming perfect capital markets)? RFC's first ex-dividend price is \$ (Round to two decimal places.)
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The Bank Analysts Handbook Money Risk And Conjuring Tricks
Authors: Stephen M. Frost
1st Edition
0470091185, 978-0470091180
