FUND.OF CORP.FINANCE PKG. F/BU >C<
FUND.OF CORP.FINANCE PKG. F/BU >C<
16th Edition
ISBN: 9781323165997
Author: Berk
Publisher: PEARSON C
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Chapter 17, Problem 24P
Summary Introduction

Ex-Dividend Price: Ex-dividend price is related to the ex-dividend rate. Ex-dividend date refers to the two business days prior to the record date (the date on which the dividend is paid to the shareholders). Price of the share on the ex-dividend date is known as ex-dividend price.

To determine:

The ex-dividend share price.

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