Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
11th Edition
ISBN: 9780077861704
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 17, Problem 7QP
Summary Introduction

To determine: The ex-dividend price

Introduction:

A stock is declared as an ex-dividend stock, when the company confirms the investor to get the dividend on the payment date. The date between the announcement date and payment date is ex-dividend date. A stock, which trades on ex-dividend date, termed as stock on ex-dividend.

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Fundamentals of Corporate Finance

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Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License