Which of the Following Statements Is Correct for Stock Purchased

question 31

Multiple Choice

Which of the following statements is correct for stock purchased on the last day to trade "cum dividend"?

• A) A dividend will be declared on the next trading day.
• B) A dividend will be paid on the next trading day.
• C) The stock price should decline on the next trading day.
• D) The stock price should have declined on the previous trading day.

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Definitions:

Homo Erectus

An extinct species of early human that lived throughout Africa, Asia, and Europe between approximately 1.9 million and 143,000 years ago, known for its upright posture.

Toolmakers

Beings (often humans) who create, modify, or use tools, enhancing their ability to interact with and manipulate their environment.

Scavenging

The act of searching for and collecting food or resources by animals, including humans, from waste or dead organisms.