The Ex-Dividend Date: Cronulla Brewing Co

question 32

Multiple Choice

The ex-dividend date: Cronulla Brewing Co. has announced it will pay its regular cash dividend of $0.45 per share. If dividends are taxed at 15 per cent, about how much do you expect the price of Cronulla Brewing to drop on the ex-dividend day?

• A) $0.07
• B) $0.38
• C) $0.45
• D) $0.52

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Definitions:

Declarative Memory

A type of long-term memory that involves the ability to recall factual information, such as events and facts.

Explicit Memory

The type of long-term memory involving conscious recollection of factual information, previous experiences, and concepts.

Implicit Memory

A type of memory that enables the use of objects or skills without conscious or intentional recollection of learning them.

Explicit Memory

A type of long-term memory involving conscious recollection of factual information, previous experiences, and concepts.