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Business, 07.09.2019 02:20 Teddybearnerd

The horner pie company pays a quarterly dividend of $1. suppose that the stock price is expected to fall on the ex-dividend date by $.90. would you prefer to buy on the with-dividend date or the ex-dividend date if you were (i) a tax-free investor, (ii) an investor with a marginal tax rate of 40 percent on income and 16 percent on capital gains?

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