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EG's Board of Directors Announced a Quarterly Dividend of 25

Question 51

Multiple Choice

EG's board of directors announced a quarterly dividend of 25 cents. The ex-dividend date is November 3. On November 2, EG's stock closed at $40.00 per share. What is the most likely opening price on November 3?


A) $40.25
B) $39.75
C) $41.00
D) $39.00

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