Question: A firm announced that it will pay a $0.10 dividend per share to holders of record as of Wednesday, July 29, 2020. Holding all else

A firm announced that it will pay a $0.10 dividend per share to holders of record as of Wednesday, July 29, 2020. Holding all else constant, the stock price will be lower by $0.10 per share at the opening of trading on

A) Monday, July 27, 2020
B) Tuesday, July 28, 2020.
C) Wednesday, July 29, 2020.
D) Thursday, July 20, 2020
E) The stock price will not be lower on any of the above days.

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