ESSENTIALS CORPORATE FINANCE + CNCT A.
ESSENTIALS CORPORATE FINANCE + CNCT A.
9th Edition
ISBN: 9781259968723
Author: Ross
Publisher: MCG CUSTOM
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Chapter 14, Problem 9QP
Summary Introduction

To determine: The ex-dividend price.

Introduction:

A stock is declared as an ex-dividend stock when the company confirms the investor to get the dividend on the payment date. The date between the announcement date and payment date is the ex-dividend date. A stock, which trades on the ex-dividend date, is termed as a stock on ex-dividend.

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Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License