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Assume That on January 1 a Firm Announces That on June

Question 42

Multiple Choice

Assume that on January 1 a firm announces that on June 30 they will pay a dividend of $2.50 per share to holders of record on March 30. When does the stock sell ex-dividend?


A) January 5
B) April 5
C) March 28
D) July 5
E) June 25

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