Business, 18.08.2021 23:20 Geo777

The common stock of Tina's Tires closed at $68.25 a share today. Tomorrow morning, the stock goes ex-dividend. The dividend that is being paid this quarter is $1.56 per share. Assume the tax rate on dividends is 21 percent. All else equal, what should the opening stock price be tomorrow morning

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The common stock of Tina's Tires closed at $68.25 a share today. Tomorrow morning, the stock goes ex...