Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ...
by JDDunn9 on Monday April 04, 2016 @01:09PM
(#11423517)
The net present value takes into account the difference between payment today and payment tomorrow.
The ex-dividend rate is an implementation flaw that makes the stock price discontinuous at the dividend date. If dividends were pro-rata it would not be.
I never said markets were perfectly efficient.
You didn't think through your answer very hard did you? ;)
The ex-dividend rate is an implementation flaw that makes the stock price discontinuous at the dividend date. If dividends were pro-rata it would not be.
I never said markets were perfectly efficient.
You didn't think through your answer very hard did you? ;)