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ABC declares a dividend to shareholders of record as of Friday, May 14, payable on June 15. Which of the following statements is TRUE? a)

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ABC declares a dividend to shareholders of record as of Friday, May 14, payable on June 15. Which of the following statements is TRUE? a) Investors purchasing ABC on May 12 receive the declared dividend. b) Investors purchasing ABC on May 14 receive the declared dividend. c) Investors purchasing ABC between May 14 and June 15 receive the declared dividend. d) Investors purchasing ABC on May 13 receive the declared dividend

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