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Oh man, Elan mock is wrong then - they say new stock price is Old Stock price/(1+dividend payout ratio). Glad i got this clarified cos i didnt see this kinda then in CFAI in the reading where they discuss share repurchases etc. Don’t want to miss out on simple easy plug and chug ones- am sure the wordy longer ones will be educated guesses or plain crapshoot anyways.

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