Question
Choosing the best answer Mary Young intends to take a position in Megasoft Industries as soon as Megasoft begins paying dividends. A dividend of C$4
Choosing the best answer Mary Young intends to take a position in Megasoft Industries as soon as Megasoft begins paying dividends. A dividend of C$4 Canadian dollars is payable by Megasoft on December 2. The ex-dividend date for the dividend is November 10. The ex-dividend date for the dividend is November 10, and the record date for the holder is November 12. The record date for the holder is November 12. What is the latest possible date for Young to purchase her shares if she purchases them if she purchases them if she purchases them if she purchases them. What is the latest date Young can buy her shares if she wants to receive the dividend?
Options:
A. November 9.
B. November 12.
C. November 10.
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