Question
The common stock of Patni Industries goes ex-dividend tomorrow. The stock closed at a price of $33.60 a share today. This quarter, the company is
The common stock of Patni Industries goes ex-dividend tomorrow. The stock closed at a price of $33.60 a share today. This quarter, the company is paying a cash dividend of $0.24 a share and a liquidating dividend of $0.60 a share. Ignoring taxes and assuming that all else is held constant, what will the ex-dividend price be tomorrow morning?
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
