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RFC Corp. has announced a $2.10 dividend. If RFC's last price while trading cum-dividend is $51, what should be its first ex-dividend price be (assuming

RFC Corp. has announced a $2.10 dividend. If RFC's last price while trading cum-dividend is $51, 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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