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The stock price of Large Inc. on 30 June is 129. On 1 July the stock goes ex-dividend, paying a cash dividend of 11. The
The stock price of Large Inc. on 30 June is 129. On 1 July the stock goes ex-dividend, paying a cash dividend of 11. The owners of stock in Large, Inc do not pay tax on their dividend income. What is your estimate of the opening stock price 1 July?
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