Taggart Transcontinental Has Announced a $2 Dividend

question 73

Multiple Choice

Taggart Transcontinental has announced a $2 dividend.If Taggart's last price cum-dividend is $45,then,assuming perfect capital markets,what should its first ex-dividend price be?

• A)$0
• B)$2
• C)$43
• D)$45

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Definitions:

Numbers Use

The application or utilization of figures and numerical data in analysis, calculations, or statistical studies.

1/3rd

A fractional value representing one part out of three equal parts of a whole.

Misused Word(s)

Words that are incorrectly used in place of others, often compromising the clarity and correctness of communication.

Try And

A colloquial expression often criticized in formal writing for being grammatically incorrect, with "try to" being the preferred form.