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A company declared a dividend on Tuesday, August 27th. The stock will go ex-dividend on Thursday, September 12th, and the record date is Monday, September

A company declared a dividend on Tuesday, August 27th. The stock will go ex-dividend on Thursday, September 12th, and the record date is Monday, September 16th. Finally, the payment date will be Thursday, October 17th. What is the latest day you can purchase the stock and still receive the dividend? Why? (1-3 sentences)

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