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Discuss about the dividends and stock prices

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Question: Dividends and Stock Prices. Your portfolio is 150 shares of Barden, Inc. The stock currently sells for $87 per share. The company has announced a dividend of $1.32 per share with an ex-dividend date of April 19. Assuming no taxes, how much will your stock be worth on April 19?

Reference no: EM131732955

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