Consider the following equation: Pcum - Pex = Div × 
The term Pex is:
A) the effective dividend tax rate.
B) the price per share before a dividend is paid.
C) the price per share after a dividend is paid.
D) the personal tax rate for capital gains.
Correct Answer:
Verified
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Q61: Which of the following formulas is INCORRECT?
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Q64: Which of the following statements is FALSE?
A)A
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