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Kangaroo Ltd Had a Closing Share Price of $15 the Day

question 49

True/False

Kangaroo Ltd had a closing share price of $15 the day before shares in the company began trading on an ex-dividend basis.The dividend is 60 cents per share,fully franked at the company tax rate of 30 per cent.Assuming franking credits are fully valued,the expected ex-dividend share price is $14.14.


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Basic and Applied Research

Fundamental scientific exploration aimed at gaining knowledge and understanding, and its practical application to solve specific problems, respectively.

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A proportion or share in relation to a whole, expressed as a fraction of 100.

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