b. The ex-dividend price will be 76.9% of the price before the ex-dividend date.
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he net income of R.S. enterprise is $30,000. The company has 10,000 outstanding shares and the share capital of the company is $300,000.
(a) If the company decides to give cash dividends then what will be the ex- dividend price of R.S. stock?
(b) If the company decides to give 30% stock dividends then what will be the ex- dividend price of R.S. stock?
