Consider the Following Equation: P_cum - P_ex = Div ×

question 81

Multiple Choice

Consider the following equation: P_cum - P_ex = Div × The term τ_g is:

• A) the personal tax rate for dividend.
• B) the personal tax rate for capital gains.
• C) the price per share before a dividend is paid.
• D) the price per share after a dividend is paid.

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