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    Exam 17: Payout Policy
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    Taggart Transcontinental Has Announced a $2 Dividend
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Taggart Transcontinental Has Announced a $2 Dividend

Question 73

Question 73

Multiple Choice

Taggart Transcontinental has announced a $2 dividend.If Taggart's last price cum-dividend is $45,then,assuming perfect capital markets,what should its first ex-dividend price be?


A) $0
B) $2
C) $43
D) $45

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