If a Dividend Is Declared on 1 November,has a Cum-Dividend

question 4

Multiple Choice

If a dividend is declared on 1 November,has a cum-dividend date of 19 November and a record date of 26 November,which of the following shareholders will NOT receive the dividend?

• A) A buyer of the share on 31 October
• B) A buyer of the share on 11 November
• C) A buyer of the share on 26 November
• D) A buyer of the share on 29 November

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Definitions:

Reactant Concentration

The amount of reactants present in a given volume of solution at the start of a chemical reaction, influencing the reaction rate.

First-order Reaction

A chemical reaction whose rate is directly proportional to the concentration of a single reactant.

Half-life

The time required for a quantity to reduce to half its initial value, often used to describe the rate of decay of radioactive substances.

Drug Concentration

The amount of a drug present in a given volume of fluid, often measured in terms of mass per unit volume.