Which of the Following Is the Date on Which the Dividend

question 41

Multiple Choice

Which of the following is the date on which the dividend distribution occurs?

• A) date of record
• B) commitment date
• C) date of declaration
• D) date of payment

---

Definitions:

Compound Interest

Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Future Value

The value of an investment or loan at a specific future date, considering interest or return earned over time.

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Future Value

The estimated value of an investment at a specific date in the future, considering interest or growth over time.