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The Common Stock of Beasley International Goes Ex-Dividend Tomorrow

Question 46

Multiple Choice

The common stock of Beasley International goes ex-dividend tomorrow.The stock closed at a price of $34.65 a share today.This quarter,the company is paying a cash dividend of $0.24 a share and a liquidating dividend of $0.60 a share.Ignoring taxes and assuming that all else is held constant,what will the ex-dividend price be tomorrow morning?


A) $32.76
B) $33.00
C) $33.81
D) $33.96
E) $34.05

Correct Answer:

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