The Common Stock of Beasley International Goes Ex-Dividend Tomorrow

question 55

Multiple Choice

The common stock of Beasley International goes ex-dividend tomorrow.The stock closed at a price of $28.06 a share today.This quarter, the company is paying a cash dividend of $.17 a share and a liquidating dividend of $.23 a share.Assuming the tax rate on dividends is 20 percent, what will be the ex-dividend price tomorrow morning?

• A)$27.74
• B)$27.68
• C)$27.94
• D)$33.96
• E)$27.66

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Thorough revisions and updates of authoritative legal texts that clarify and dictate the current state of the law in various fields.

Legislative History

The records and documents created during the enactment process of a law, which can include bill drafts, committee reports, and legislative debates, used for interpreting legislative intent.

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