What do you think the ex-dividend price will be

Assignment Help Finance Basics

Reference no: EM13494653

Dark Day, Inc., has declared a $5.10 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 15 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. Dark Day sells for $93.85 per share, and the stock is about to go ex-dividend.

What do you think the ex-dividend price will be? (Round your answer to 2 decimal places.

Reference no: EM13494653

Questions Cloud

What is the magnitude of the linear momentum of the ball : A ball of mass 0.40kg has a kinetic energy of 28.8J. What is the magnitude of the linear momentum of the ball

Determine the index of refraction of the substance : The speed of light in a certain substance is 93.1% of its value in water. For water, n = 1.33. What is the index of refraction of the substance

Project one will be using the verizon (vz) stock : Project one will be using the Verizon (VZ) Stock

What is the rms value of the electric field at that distance : A spherically symmetric electromagnetic wave is emitted by a 1030 W source. What is the rms value of the electric field at that distance

What do you think the ex-dividend price will be : What do you think the ex-dividend price will be

How did the move to scrum benefit to the agency : How did the move to Scrum benefit to the agency?

State what is the binding energy for one mole of sulfure-29 : There are over fifteen isotopic forms of sulture. one of those isotopes is sulfur-29 (amu=28.99) What is the binding energy for one mole of sulfure-29, given the masses of a proton, a neutron, and an electron are 1.007276u, 1.008666u, .000548u

What are the ethical considerations thatkravetz faces : What are the ethical considerations thatKravetz faces in answering the auditors question?Howshould she respond to the question.

Actual and accounting depreciation are both 10% : Actual and accounting depreciation are both 10%, which the company replaces. Taxes are 0%. ROE is 12% and there are 10 million shares outstanding.

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages