Question
RFC Corp. has announced a $2.33 dividend. If RFC's price last price cum-dividend is $25.33, what should its first ex-dividend price be (assuming perfect capital
RFC Corp. has announced a $2.33 dividend. If RFC's price last price cum-dividend is $25.33, what should its first ex-dividend price be (assuming perfect capital markets)?
What I need help with the formula with is RFC;s first ex-dividend price should be $__________.
Thank you
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Ethical Obligations And Decision Making
Authors: Steven Mintz
1st Edition
0078025281, 9780078025280
