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Given the following information, what will be the ex-dividend price of CSS Corp. common stock?               Cumulative dividend price  $50.00            Dividend per share  $2.00            Dividend tax (td) 30%           Capital gains tax (tg) 20%                         Ex-dividend price

Given the following information, what will be the ex-dividend price of CSS Corp. common stock?               Cumulative dividend price  $50.00            Dividend per share  $2.00            Dividend tax (td) 30%           Capital gains tax (tg) 20%                         Ex-dividend price

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Given the following information, what will be the ex-dividend price of CSS Corp. common stock?

 

 

 

 

 

 

 

Cumulative dividend price

 $50.00 

 

 

 

 

 

Dividend per share

 $2.00 

 

 

 

 

 

Dividend tax (td)

30%

 

 

 

 

 

Capital gains tax (tg)

20%

 

 

 

 

 

 

 

 

 

 

 

 

Ex-dividend price

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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