ABC Corporation announced that it will pay a dividend to all shareholders of record as of Monday,
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ABC Corporation announced that it will pay a dividend to all shareholders of record as of Monday, April 2, 2012. It takes three business days of a purchase for the new owners of a share of stock to be registered.
a. When is the last day an investor can purchase ABC stock and still get the dividend payment?
b. When is the ex-dividend day?
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