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RFC Corp. has announced a dividend of $1. If the last RFC price while trading dividends is $50, what should your first price be without dividends (assuming perfect capital markets)?
RFC Corp. has announced a dividend of $1. If the last RFC price while trading dividends is $50, what should your first price be without dividends (assuming perfect capital markets)?
Expert Answer
The ex-dividend price is the price of the stock without the next announced divi
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