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Dividend payment Personal Finance Problem Kathy Snow wishes to purchase shares of Countdown Computing, Inc The company's board of directors has declared a cash dividend

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Dividend payment Personal Finance Problem Kathy Snow wishes to purchase shares of Countdown Computing, Inc The company's board of directors has declared a cash dividend of 80 84 to be paid to holders of record on Wednesday, Sep. 21 a. What is the last day that Katty can purchase the stock and still receive the dividend? b. What day does this stock begin trading ex dividend? c. What change, if any, would you expect in the price per share when the stock begins trading on the ex-dividend day? d. Kathy believes that she will be able to sell the stock for $41 76 in a few months. Tomorrow is the ex-dividend date and the stock price now is $37 76. Is she better of buying the stock now so she can capture the dividend or should she wait until tomorrow miss the dividend, and buy the stock at a slightly lower price? a. What is the last day that Kathy can purchase the stock (trade date) and still receive the dividend? (Select the best answer below) A. Sunday, Sep 18 OB Wodnesday, Sep 21 OC Monday, Sep 19 OD. Friday, Sep 16

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