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Jobisdone [24]
2 years ago
8

Breakers Engineering is preparing to pay its quarterly dividend of $1.36 a share. The stock closed at $51.25 a share today and g

oes ex-dividend tomorrow. What will the ex-dividend stock price be if the relevant tax rate is 21 percent and all else is held constant
Business
1 answer:
kow [346]2 years ago
6 0

The ex-dividend stock price be if the relevant tax rate is 21 percent and all else is held constant is

SP= $50.18

<h3>What will the ex-dividend stock price be if the relevant tax rate is 21 percent and all else is held constant?</h3>

Generally, the equation for Ex-Dividend Stock Price  is  mathematically given as

SP= $51.25 - $1.36 * (1 – 0.21)

SP= $51.25 - $1.36 * 0.79

SP = $51.25 - $1.07

SP= $50.18

In conclusion, the ex-dividend stock price will be

SP= $50.18

Read more about the ex-dividend stock price

brainly.com/question/15538934

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Answer:

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Explanation:

The computation of the more profit or loss via processing one batch of sugar to the end products is shown below:

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4 years ago
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