Determine what will the ex-dividend price be
Problem 1: Consider a firm whose $12 million cash dividend has not yet been paid. If its current stock price is $200 per share and the firm has 2 million shares outstanding, what will the ex-dividend price be? Enter your answer as a whole number
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If its current stock price is $200 per share and the firm has 2 million shares outstanding, what will the ex-dividend price be?
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