Toronto Skaters Company has just declared its regular dividend of $1 per share.On March 1, the share traded at $5 per share.The next day, the ex-dividend date, what do we expect to see?
A) The share price fall by $1.
B) The share price fall by less than $1 due to investor taxes.
C) The share price fall by more than $1 due to investor taxes.
D) The share price rise by less than $1 due to investor taxes.
Correct Answer:
Verified
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