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Business, 01.07.2019 23:10 Jasten

Acompany has declared a dividend of $7.15 per share on its stock. capital gains are not taxed. suppose the irs has issued a new regulation that requires taxes of 25 percent be withheld at the time the dividend is paid. the stock currently sells for $115.35 per share. what will the ex-dividend price be?

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