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Question Carla Vista, Inc., stock is trading for $9.00 per share on the day before the ex-dividend date. If the dividend is $0.45 and there are no taxes, what should the price of the shares be on the ex-dividend date? (Round answer to 2 decimal places, e.g. 15.25.) Price of the shares on the ex-dividend date$( )

Question

Carla Vista, Inc., stock is trading for $9.00 per share on the day before the ex-dividend date. If the dividend is

$0.45 and there are no taxes, what should the price of the shares be on the ex-dividend date? (Round answer to 2 decimal places, e.g. 15.25.)

Price of the shares on the ex-dividend date$( )

 
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