RFC Corp. has announced a $2.30 dividend. If RFCs last price while trading cumdividend is $58, what

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RFC Corp. has announced a $2.30 dividend. If RFC’s last price while trading cumdividend is $58, what should its first ex-dividend price be (assuming perfect capital markets)?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Feb 21, 2024 10:00 AM

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RFC Corp. has announced a $2.30 dividend. If RFCs last price while trading cumdividend is $58, what

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The first exdividend price of RFC Corps stock can be calculate...View the full answer

Fundamentals Of Corporate Finance

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