Question
You own 450 shares of EDI Inc. EDT declared a $0.50 per share dividend and set today as the ex dividend date. Assume there are
You own 450 shares of EDI Inc. EDT declared a $0.50 per share dividend and set today as the ex dividend date. Assume there are no taxes and all else is held constant. If the market just opened and EDT started trading, how has the value of your stock holdings changed since yesterday?
A. Decreased by $225
B. Increased by $25
C. Increased by $0.50
D. Decreased by $450
E. No change
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
