After a Company Has Made an Announcement About a Forthcoming

Multiple Choice

After a company has made an announcement about a forthcoming dividend,then at a specified date when the share begins to trade ex-dividend:

A) the buyer of the share will now receive the due dividend.
B) the share price will adjust upwards by the amount of the forthcoming dividend.
C) the seller of the share will receive the next dividend payment.
D) the ex-dividend share price will be unaffected by the forthcoming dividend.