What difference does it make to your calculations in Problem 15.4 if a dividend of $1.50 is

Question:

What difference does it make to your calculations in Problem 15.4 if a dividend of $1.50 is expected in two months?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...