47) If an investor purchases shares on the companys ex-dividend date, which of the following statements is accurate?

A) The investor will not receive the dividend when it is paid by the company

B) The investor will receive the dividend when it is paid by the company

C) The investor will receive a portion of the dividend when paid by the company

D) The investor will not receive the dividend when it is paid, but he/she will have increased capital gain yield

26) Given the NPV of project 1 as 10,000 and project 2 as 20,000, if the projects are said to be independent which project(s) will you accept?

1. Both project 1 and 2 because they have positive net present value
2. Project 2 because it has the greater net present value
3. Project 1 because it has the lower cost as measured by the net present value
4. None