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:

Cognitive-Behavioral Therapy

A therapeutic technique that targets unhealthy feelings, actions, and thoughts with a purpose-driven, organized method.

Negative Cognitive Triad

Perspective seen in depressed people in which they have negative views of themselves, of the world, and of the future.

Depression

An affliction related to mental health, manifested by lasting downtrodden spirits or disinterest in usual hobbies, causing substantial daily life disruption.

Cortisol

Hormone that helps the body respond to stressors, inducing the fight- or- flight response.