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Taggart Transcontinental has announced a $2 dividend. If Taggart's last price cumminus dividend is $45, then, assuming perfect capital markets, what should its first exminus

Taggart Transcontinental has announced a $2 dividend. If Taggart's last price cumminus dividend is $45, then, assuming perfect capital markets, what should its first exminus dividend price be?

$43

$45

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