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You Own 10,000 Shares of Mars, Co

question 46

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You own 10,000 shares of Mars, Co. which is currently trading for $11.50 per share. The company has announced that it will soon pay a special dividend of $1.50 per share. Tomorrow is the ex-dividend day. Ignoring taxes, what do you expect your block of shares will be worth tomorrow?


Definitions:

Thrombus

A blood clot that forms in a blood vessel and remains there, which can block blood flow and cause health issues.

Pulmonary Embolism

A condition where one or more arteries in the lungs become blocked by a blood clot.

Embolus

A blood clot, air bubble, piece of fatty deposit, or other object that has been carried in the bloodstream to lodge in a vessel and cause an embolism.

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