问题如下图：
选项：
A. 
B. 
C. 
解释：
the ex-dividend stock price 为什么是38.5而不是40？可以再解释清楚一点吗？
NO.PZ2016012005000025 问题如下 Sophie Chowns 100,000 shares of PCompany. Pis selling for € 40 per share, so Chan’s investment is worth € 4,000,000. Chreinvests the gross amount of all vin receiveto purchase aitionshares. Assume ththe clientele for Pshares consists of tax-exempt investors. If Ppays a € 1.50 vin Chan’s new share ownership after reinvesting vin the ex-vinpriis most likely to closest to: A.103,600. B.103,750. C.103,900. C is correct.Because the clientele for Pinvestors hthe same trate (zero) for vin ancapitgains, the ex-vinstopriof Pshoulcline the amount of the vinto € 40– € 1.50 = € 38.50. Chwill purchase € 150,000/ € 38.50 = 3,896 aitionshares. This increases her totshares owneto 103,896. Chan’s new share ownership is closest to 103,900. 是否应该按 ex- vinprice就是40计算。如果题目没有说“the ex-vinprice”，那么是要除权除息的。
NO.PZ2016012005000025 问题如下 Sophie Chowns 100,000 shares of PCompany. Pis selling for € 40 per share, so Chan’s investment is worth € 4,000,000. Chreinvests the gross amount of all vin receiveto purchase aitionshares. Assume ththe clientele for Pshares consists of tax-exempt investors. If Ppays a € 1.50 vin Chan’s new share ownership after reinvesting vin the ex-vinpriis most likely to closest to: A.103,600. B.103,750. C.103,900. C is correct.Because the clientele for Pinvestors hthe same trate (zero) for vin ancapitgains, the ex-vinstopriof Pshoulcline the amount of the vinto € 40– € 1.50 = € 38.50. Chwill purchase € 150,000/ € 38.50 = 3,896 aitionshares. This increases her totshares owneto 103,896. Chan’s new share ownership is closest to 103,900. 请问stosplit 和stovin对各项财务指标的影响是否都是一样的，有哪个指标是二者有差异的吗
NO.PZ2016012005000025 问题如下 Sophie Chowns 100,000 shares of PCompany. Pis selling for € 40 per share, so Chan’s investment is worth € 4,000,000. Chreinvests the gross amount of all vin receiveto purchase aitionshares. Assume ththe clientele for Pshares consists of tax-exempt investors. If Ppays a € 1.50 vin Chan’s new share ownership after reinvesting vin the ex-vinpriis most likely to closest to: A.103,600. B.103,750. C.103,900. C is correct.Because the clientele for Pinvestors hthe same trate (zero) for vin ancapitgains, the ex-vinstopriof Pshoulcline the amount of the vinto € 40– € 1.50 = € 38.50. Chwill purchase € 150,000/ € 38.50 = 3,896 aitionshares. This increases her totshares owneto 103,896. Chan’s new share ownership is closest to 103,900. 为什么分红之后的股价 = 原股价-vin 公式在那里有哇？
NO.PZ2016012005000025问题如下Sophie Chowns 100,000 shares of PCompany. Pis selling for € 40 per share, so Chan’s investment is worth € 4,000,000. Chreinvests the gross amount of all vin receiveto purchase aitionshares. Assume ththe clientele for Pshares consists of tax-exempt investors. If Ppays a € 1.50 vin Chan’s new share ownership after reinvesting vin the ex-vinpriis most likely to closest to:A.103,600.B.103,750.C.103,900.C is correct.Because the clientele for Pinvestors hthe same trate (zero) for vin ancapitgains, the ex-vinstopriof Pshoulcline the amount of the vinto € 40– € 1.50 = € 38.50. Chwill purchase € 150,000/ € 38.50 = 3,896 aitionshares. This increases her totshares owneto 103,896. Chan’s new share ownership is closest to 103,900.这个题就是考察 分红以后对股价的变动，我怎么知道这个40是 ex-vin的价格还是 market pri呢？
NO.PZ2016012005000025 强化班已经没有clientele effect还要关住这题么
