Business, 29.07.2020 17:01 carvajalj2520

Stock price around dividend. Atlantis Manufacturing, Inc. issues the following press release: "Atlantis Manufacturing will pay a quarterly dividend of $ per share to record holders as of the of this month on the of this month." The company made this announcement on . There is a two-day settlement for stock transactions. Determine what the stock price of Atlantis Manufacturing will be after the cash dividend announcement in a world of no taxes. Assume the current price is $ per share and the price does not change between and other than for the cash dividend. On what day does the price change? What is the cost to a buyer after the announcement? What is the sales revenue to a seller after the announcement? On what day does the price change? (Select the best response.)

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Stock price around dividend. Atlantis Manufacturing, Inc. issues the following press release: "Atla...