Question: Consider the data in the following table, which shows the close price of a stock over 4 days. Suppose that after closing on 1 /
Consider the data in the following table, which shows the close price of a stock over days. Suppose that after closing on there was a for stock split. In other words, the prices for days are from after the stock split, and prices for days are from before the stock split.
Fill in the adjusted close price for days and in the table.
Day
Close Price
Adjusted Close Price
$
$
$
$
$ $
$ $
Suppose the price of a stock was $ before a dividend of $ was distributed.
The adjusted close price of the stock before the exdividend date would be
$
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