Find the ex-dividend stock price under new growth policy

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How do you find the ex-dividend stock price under a new growth policy? For example, if a company previously paid out all of itsearnings to shareholders as a dividend, but was considering plowing back 40% of it's earnings and only paying out 60% of it's earnings as dividends. Subsiquently, how would you come to know if the company should adopt the new policy?

Reference no: EM131303408

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