A Dividend Is Declared on January 1, Has a With-Dividend

question 50

Multiple Choice

A dividend is declared on January 1, has a with-dividend date of January 19, and a record date of January 26.Which of the following shareholders will not receive the dividend?

• A)A shareholder who purchases on December 31.
• B)A shareholder who purchases on January 10.
• C)A shareholder who purchases on January 19.
• D)A shareholder who purchases on January 24.

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Definitions:

Behavioral Technique

A method used in psychology to modify behavior through conditioning processes.

Fear of Elevators

An anxiety disorder where individuals experience fear or panic when thinking about or riding in elevators, also known as lift phobia.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses and anxiety through gradual exposure to the feared object or situation combined with relaxation exercises.

Three Step Process

A general sequence of three stages or actions undertaken to achieve a particular outcome or solve a problem.