Question
The stock is currently selling for $88 per share and recently declared a $20 per share special dividend payable next week. My effective tax rate
The stock is currently selling for $88 per share and recently declared a $20 per share special dividend payable next week. My effective tax rate on dividend income is 25%, while my effective tax rate on capital gains is only 10%. What is the expected stock price after the ex-dividend date?
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
