Wyatt Inc has announced a $3.50 dividend. If Wyatt's last price while trading cum-dividend (i.e., with-dividend)...

 

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Wyatt Inc has announced a $3.50 dividend. If Wyatt's last price while trading cum-dividend (i.e., "with-dividend") is $52.50, what should its first ex-dividend price (i.e., "without-dividend" price) (in dollars) be (assuming perfect capital markets) ? [Type only the final answer into the response box below (NOT into the Notes box) and in pure numeric format Do NOT use %/ $ signs, commas or spaces (e.g only enter 10 if it is 10 days/$10/10%)] 10 Wyatt Inc has announced a $3.50 dividend. If Wyatt's last price while trading cum-dividend (i.e., "with-dividend") is $52.50, what should its first ex-dividend price (i.e., "without-dividend" price) (in dollars) be (assuming perfect capital markets) ? [Type only the final answer into the response box below (NOT into the Notes box) and in pure numeric format Do NOT use %/ $ signs, commas or spaces (e.g only enter 10 if it is 10 days/$10/10%)] 10

Answer rating: 100% (QA)

1 Understand the terms Dividend 350 Last price cumdi... View the full answer