Samuel, Inc., has declared a \\( \\$ 5.20 \\) per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 10 percent. New IRS regulations require that taxes be withheld when the dividend is paid. The company's stock sells for \\( \\$ 93.90 \\) per share and is about to go ex-dividend. What do you think the ex-dividend price will be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Other questions asked by students
Psychology
1.2K views
Economics
1.2K views
Statistics
1.2K views
Suppose you currently have a portfolio of three stocks, A, B, and C. You own 500...
Biology
1.2K views
Free energy Reactants Progress of the reaction Which of the following is true of this...
Calculus
1.2K views
Calculus
1.2K views
Use formulas to find the area of the figure 3 mi b 7 mi 2...
Algebra
1.2K views
Algebra
1.2K views
Lucas is walking on a circular path modeled by the equation x 6 2 y...
Accounting
1.2K views
Accounting
1.2K views