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BHP has announced a dividend of $0.42 per share, payable in one month, with the ...

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BHP has announced a dividend of $0.42 per share,

payable in one month, with the last cum-dividend date in two weeks. The share price at the close of trade on the final

cum-dividend date is $18.40. What is the theoretical share price on the ex-dividend date?

(Instructions:

Enter numbers only (no $ sign). Round your answers to two decimal places.)

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