The Last Date on Which You Can Purchase Shares of Stock

question 96

Multiple Choice

The last date on which you can purchase shares of stock and still receive the dividend is the date which is _____ business days prior to the date of record.

• A)1
• B)2
• C)3
• D)4
• E)5

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed.

Valuation Rate

A rate used to determine the current or projected worth of an asset or a company.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

Assessed Valuation

The valuation placed on property by a public tax assessor for purposes of taxation.