Multiple Choice
BC Brewery has a current share price of $37.50,and has announced a dividend payment of $1.25 per share.Assuming perfect capital markets,what should the price of BC Brewery be once the stock begins trading ex-dividend?
A) $37.50
B) $36.25
C) $38.75
D) $35
E) $38
Correct Answer:
Verified
Correct Answer:
Verified
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