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11. The board of direct ors of Wilson Sporting Equipment met this afternoon and passed a resolution to pay a cash dividend of S.42 a

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11. The board of direct ors of Wilson Sporting Equipment met this afternoon and passed a resolution to pay a cash dividend of S.42 a share next month. In relation to this divide referred to as which one of the following dates? a. Decision date b. Date-of-record c. Declaration date d. Payment date e. Ex-dividend date 12. Automatic dividend reinvestment plans: a. Require that participating stockholders reinvest all of the dividends to which they are entitled. b. Grant all participants a discount on share purchases. c. Increase the relevance of corporate dividend policies. d. Help shareholders create their own homemade dividend policies. e. Are no longer available in the U.S. 13. Which one of the following tends to decrease the ability of a shareholder to create his or her own homemade dividend policy? a. Low taxes on capital gains. b. Large holdings of shares. c. Dividend reinvestment plans. d. Low-cost equity purchases. e. High transaction fees

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