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Susana holds 10,000 shares in REN, a firm with a stock price of $20. REN has announced a quarterly dividend of $0.25 per share and
Susana holds 10,000 shares in REN, a firm with a stock price of $20. REN has announced a quarterly dividend of $0.25 per share and will go ex-dividend tomorrow. Susana does not need cash and so she'd prefer not to have any divided. Which of the following actions comes closest to what you would suggest for Susana at the moment the stock goes ex-dividend? Assume perfect markets. A. Susana should buy 80.67 shares B. Susana should sell 126.58 shares C. Susana should buy 500 shares D. Susana should sell 500 shares E. Susana should buy 126.58 shares O
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