The Ex-Dividend Date: ABC

question 11

Multiple Choice

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

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

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Definitions:

Emotion-Focused Coping

A strategy for managing stress that involves identifying and working through the emotional responses to stressful situations.

Problem-Focused Coping

A strategy for dealing with stress by identifying and addressing the root cause of a problem directly, rather than managing its symptoms.

Stressful Situation

A scenario or circumstance that induces stress, challenging an individual's ability to cope or manage effectively.

Type A Personality

A personality characterized by competitiveness, high ambition, aggression, impatience, and a fast-paced lifestyle, thought to be prone to stress-related illnesses.