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Business, 19.06.2020 17:57 sadcase85

A company has declared a dividend of $8.05 per share on its stock. Capital gains are not taxed. Suppose the IRS has issued a new regulation that requires taxes of 20 percent be withheld at the time the dividend is paid. The stock currently sells for $136.05 per share. What will the ex-dividend price be

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A company has declared a dividend of $8.05 per share on its stock. Capital gains are not taxed. Supp...
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