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Business, 18.08.2021 03:50 rachelreed

Metal Fabricators recently sold its poorest performing division and realized net proceeds from the transaction of $1.63 million. The firm has 320,000 shares of stock outstanding and a market price of $49 a share. The firm is now preparing to distribute the entire sale proceeds in the form of a liquidating dividend. What is the best estimate of the ex-dividend stock price

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