The price of a share of stock is $15.00 on Tuesday, November 14, 2017. The record date for a $0.50 dividend is Friday, November 17,
The price of a share of stock is $15.00 on Tuesday, November 14, 2017. The record date for a $0.50 dividend is Friday, November 17, 2017. If there are no taxes on dividends, what would you expect the price of a share to be on each day from November 14 through 17 if no other information relevant to the price of the shares becomes public?
Share Price
Nov 14 $ ?
Nov 15 $ ?
Nov 16 $ ?
Nov 17 $ ?
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Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
