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A companys management announces a 080 per share dividend

A company's management announces a $0.80 per share dividend payment. Assuming all investors are subject to a 16 percent tax rate on dividends, what will the share price be on the ex-dividend date?

- Price on the ex-dividend date should go down by $=?

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Finance Basics: A companys management announces a 080 per share dividend

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Finance Basics: A companys management announces a 080 per share dividend

Reference No:- TGS01387252

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