Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
11th Edition
ISBN: 9780077861704
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 17, Problem 1QP
Summary Introduction

To calculate: Ex-dividend rate

Introduction:

Ex-dividend price: The date between the announcement date and payment date is ex-dividend date. A stock, which trades on ex-dividend date, termed as stock on ex-dividend. A stock becomes ex-dividend, when the person gets the payment of dividend.

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Fundamentals of Corporate Finance

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