Quiz Ch 14 – T/F Ex-Dividend Date Impact on Stock Price

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: If a company announces a dividend of $1.50 per share on January 3, with payment set for January 31 to shareholders on record by January 17, then the stock price is expected to decrease by around $1.50 on January 15, the ex-dividend date.

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  • Search Terms: a. b. false true $. , a approximately by company date. declares dividend drop ex-dividend holders if is january of on payable per price record share, should stock the then to which
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