What do you think ex-dividend price will be

Assignment Help Financial Management

Reference no: EM131545797

Lee Ann, Inc., has declared a $7.00 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 10 percent. New IRS regulation required that taxes be withheld when the dividend is paid. Lee Ann sells for $94.80 per share, and the stock is about to go ex-dividend.

What do you think the ex-dividend price will be? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g. 32.16))

Reference no: EM131545797

Questions Cloud

Explain the role of gender conversational rituals : Explain the role of gender conversational rituals. Elaborate on the topic and share several ways you, or someone you know

Violate the student code of academic integrity : What are three examples of infractions that violate the Student Code of Academic Integrity?

Locust of control in the older version : The Proactivity Assessment (The new version) is called the Locust of Control in the older version.

Discuss how the policy when implemented would be in conflict : Discuss how the policy when implemented would be in conflict with at least one of the policy goals. Use specific examples that illustrate your analysis.

What do you think ex-dividend price will be : What do you think the ex-dividend price will be?

Identify the constitutional right or combination of rights : Choose one historical event that is, in your view, the most serious violation of constitutional rights that should have protected Asian Americans from legal.

Technology impact on healthcare decision making : Technological advances have changed the way medical care is practiced and delivered. Identify and describe three of the most significant clinical.

What macroeconomic factors could affect interest rates : What macroeconomic factors could affect interest rates and therefore affect the mortgage refinancing decision?

Macrs should we use to depreciate this asset : Which one of the following table in MACRS should we use to depreciate this asset?

User Account

All Pages