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The Common Stock of Beasley International Goes Ex-Dividend Tomorrow

question 23

Multiple Choice

The common stock of Beasley International goes ex-dividend tomorrow.The stock closed at a price of $34.65 a share today.This quarter,the company is paying a cash dividend of $0.24 a share and a liquidating dividend of $0.60 a share.Ignoring taxes and assuming that all else is held constant,what will the ex-dividend price be tomorrow morning?


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