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Wildhorse, Inc., stock is trading for $ 1 0 . 2 0 per share on the day before the ex - dividend date. If the

Wildhorse, Inc., stock is trading for $10.20 per share on the day before the ex-dividend date. If the dividend is $0.20 and there are no taxes, what should the price of the shares be on the ex-dividend date? (Round answer to 2 decimal places, e.g.15.25.)
Price of the shares on the ex-dividend date $

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