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Bristol's Bistro, Inc., has declared a dividend of $1.13 per share for shareholders of record on Tuesday, December 3. The firm has 290,000 shares outstanding
Bristol's Bistro, Inc., has declared a dividend of $1.13 per share for shareholders of record on Tuesday, December 3. The firm has 290,000 shares outstanding and will pay the dividend on December 28. How much cash will be needed to pay the dividend? When will the stock begin selling ex dividend? The amount of cash needed to pay the dividend is $ (Round to the nearest dollar.) When will the stock begin selling ex dividend? (Select the best answer below.) A. Friday, November 29 B. Sunday, December 1 C. Monday, December 2 O D. Tuesday, December 3 W it
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