FUND.OF CORPORATE FINANCE(LL)
FUND.OF CORPORATE FINANCE(LL)
11th Edition
ISBN: 9781260443714
Author: Ross
Publisher: MCG
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Chapter 17, Problem 3CRCT
Summary Introduction

To determine: The ex-dividend date

Introduction:

The two dates before the record date is termed as ex-dividend date.

If the shareholder purchases the stocks on or before the ex-dividend date, then he is entitled to get the dividend payment. If the shareholder purchases on or after the ex-dividend date, then he will not be entitled to the next dividend payment; rather the seller gets the payment.

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Chapter 17 Solutions

FUND.OF CORPORATE FINANCE(LL)

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