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The common stock of ABC closed at $50 a share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid this quarter
- The common stock of ABC closed at $50 a share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid this quarter is $0.25 per share. Assuming no taxes, all else equal, you should expect the stock to open at a price of _____.
- The common stock of ABC closed at $40 a share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid this quarter is $0.32 per share. Assuming tax rate on dividends of 15%, all else equal, you shold expect the stock to open at a price of _____ once taxes are considered.
Please show work as i cannot do it without work
Ex-dividend Price 1. The common stock of ABC closed at $50 a share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid this quarter is $0.25 per share. Assuming no taxes, all else equal, you should expect the stock to open at a price of 2. The common stock of ABC closed at $40 a share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid this quarter is $0.32 per share. Assuming tax rate on dividends of 15%, all else equal, you shold expect the stock to open at a price of ----- once taxes are considered. Also upload your excel files showing your workStep by Step Solution
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