If on January 3, 2011, a Company Declares a Dividend

question 22

True/False

If on January 3, 2011, a company declares a dividend of $1.50 per share, payable on January 31, 2011, to holders of record on January 19, then the price of the stock should drop by approximately $1.50 on January 17, which is the ex-dividend date.

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Definitions:

Rage

A strong feeling of anger that is difficult to control.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature in a work or social situation.

Unwelcome Sexual Advances

Any unwelcome behavior of a sexual nature that creates an intimidating, hostile, or offensive work environment.

Mayhem

A state of chaos, severe disruption, or violent disorder.