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Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter15: Distributions To Shareholders: Dividends And Repurchases
Section: Chapter Questions
Problem 4MC
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Question
What can you expect to be different on the announcement date AND after the ex-dividend date when a stock price of a certain company drops after it declares dividends?
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