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Natsam corporation has 250 million of excess cash the firm

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Natsam Corporation has $250 million of excess cash. The firm has no debt and $500 million shares outstanding with a current market price of $15 per share. Natsam's board has decided to pay out this cash as a one-time dividend. What is the ex-dividend price of a share in a perfect capital market?

Reference no: EM13602574

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