The Ex-Dividend Date: Harbourside Co Is Currently Trading at $37

question 46

Multiple Choice

The ex-dividend date: Harbourside Co is currently trading at $37.00 per share. The company is paying a regular cash dividend of $0.40 per share and a special dividend of $0.10 per share. Tomorrow is the ex-dividend day. The tax rate on dividends is 15 per cent. Assuming there is no new information released about the company, how much do you expect the company's shares to trade for tomorrow?

• A) $36.43
• B) $36.50
• C) $36.58
• D) $37.00

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Definitions:

Taste Aversions

A learned response to eating spoiled or toxic food, where the mere sight or smell of the food can cause nausea or aversion.

Aversive Food

Food items that are typically avoided due to unpleasant taste, smell, or associations, potentially leading to negative physiological responses.

Nauseous Reaction

A nauseous reaction is a physiological response to various stimuli, resulting in the urge to vomit.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.