Suppose a companys share price is $14/share before the ex-dividend date, and the dividend that the firm is planning to pay for the quarter is $3.40/share. Assuming no other events occur that would affect share price on the ex-dividend date, and also assuming that there are no tax consequences of a dividend payment (perfect capital market), what will happen to share price on the ex-dividend date?

		It will rise by $3.40.
		It will remain constant.
		It will fall by more than $3.40.
		It will rise by more than $3.40.
		It will fall by $3.40