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Wilson, Inc. is preparing to pay its quarterly dividend which will be $.80 a share this quarter. The stock closed at $39.40 a share today.
Wilson, Inc. is preparing to pay its quarterly dividend which will be $.80 a share this quarter. The stock closed at $39.40 a share today. If you ignore the tax on dividend income, then you should expect the stock to open at a price of ____ per share when it goes ex-dividend tomorrow, if all else remains constant. Select one: a. $38.57 b. $38.60 c. $38.67 d. $38.72 e. $39.40
Jumbo Foods would like to sell 3,000 shares of stock using a Dutch auction. The bids received are as follows:
Bidder | Quantity | Price |
A | 1,400 | $34 |
B | 600 | $38 |
C | 700 | $39 |
D | 1,100 | $35 |
E | 400 | $36 |
What Quantity and Price will each Bidder receive?
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