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A Dividend Is Declared on January 1,has an Ex-Dividend Date

question 30

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A dividend is declared on January 1,has an ex-dividend date of January 20,and a record date of January 26.Which of the following shareholders will not receive the dividend?


Definitions:

Main Pressure Tap

A point within a fluid system designed for pressure monitoring or for connecting measurement devices.

ECPC Valve

Electronically Controlled Pressure Control valve, used in automatic transmissions to control the hydraulic pressure based on electronic signals.

Caterpillar CX

A series of transmission products manufactured by Caterpillar, specifically designed for heavy-duty applications.

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