EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 8220103164535
Author: DeMarzo
Publisher: PEARSON
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Chapter 17, Problem 2P

ABC Corporation announced that it will pay a dividend to all shareholders of record as of Monday, April 2, 2012. It takes three business days of a purchase for the new owners of a share of stock to be registered.

  1. a. When is the last day an investor can purchase ABC stock and still get the dividend payment?
  2. b. When is the ex-dividend day?
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EBK CORPORATE FINANCE

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