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5.4. On October 1, the board of directors declares a cash dividend, to be paid October 30 . The date of record is October 15

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5.4. On October 1, the board of directors declares a cash dividend, to be paid October 30 . The date of record is October 15 and the ex-dividend date is Oct. 14. Which of the following investors is NOT entitled to receive the declared dividend? A) Anna who sells shares on October 16. B) Barry who purchases shares on October 13. C) Chris who purchases shares on October 15. D) Doug who sells shares on October 15

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