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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Question
9
Transcribed Image Text:You own 280 shares of stock in Halestorm, Incorporated, that currently sells for $83.95 per share. The company has announced a dividend of $3.55 per share with an ex-dividend date of
February 4 Assuming no taxes, what is the value of the stock on February 4?
Multiple Choice
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