Pandosy Inc. has declared a $5.10 per share dividend. Suppose capital gains are not taxed, but dividends
Question:
Pandosy Inc. has declared a $5.10 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 15 percent. Pandosy sells for $93.85 per share, and the stock is about to go ex dividend. What do you think the ex-dividend price will be?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
The aftertax dividend is the pretax divid...View the full answer
Answered By
Felix Mucee
I am a detailed and thorough professional writer with 5 years of administrative experience- the last 2 years in academic writing and virtual office environment. I specialize in delivering quality services with respect to strict deadlines and high expectations. I am equipped with a dedicated home office complete with a computer, copier/scanner/fax and color printer.
I provide creative and detailed administrative, web search, academic writing, data entry, Personal assistant, Content writing, Translation, Academic writing, editing and proofreading services. I excel at working under tight deadlines with strict expectations. I possess the self-discipline and time management skills necessary to have served as an academic writer for the past five years. I can bring value to your business and help solve your administrative assistant issues.
13+ Reviews
33+ Question Solved
Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
Question Posted:
