Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Author: Jonathan Berk, Peter 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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Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book

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