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What is delos expected opening price tomorrow

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Problem 1: Assume the stockholders of Delos Inc. are in the 34 percent tax bracket. Delos' closing price was $112.45 today. The ?rm pays a quarterly dividend of $2.50 per share. What is Delos' expected opening price tomorrow if tomorrow is an ex-diyidend date?

Option 1: $135.55

Option 2: $112.45

Option 3: $114.13

Option 4: $113.33

Option 5: $111.30

Reference no: EM132763930

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