Answer:
The ex-dividend price is $24.50
Explanation:
The ex-dividend price of the share is the price before dividend payment less the dividend paid.
The rationale for this approach of pricing is that new investors would be bought the shares after the dividends were paid are not entitled to that dividend payment.
Ex dividend price=price before dividend minus dividend
price before dividend is $25
dividend paid per share is $0.50
ex dividend price=$25-$0.50
=$24.50
