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FIN 3030-(FINAL #5)-CHAPTER 18, 19, 20 On May 28, 2016, the board of directors of Hasbro, Inc. announced that it would pay a di 9

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FIN 3030-(FINAL #5)-CHAPTER 18, 19, 20 On May 28, 2016, the board of directors of Hasbro, Inc. announced that it would pay a di 9 of $0.3 a share on July 10 2016, to shareholders of record as of July 1 2016. In order to re this dividend, an investor would have to purchase the stock on or before A July 10, 2016 B the cum-dividend date C May 28, 2016 D July 1, 2016 On July 28, 2016, American Capital Agency declared a cash dividend of $0.27 a share, to on September 11, 2016, to shareholders of record as of September 2, 2016. The ex-divi date is June 30, 2008. In order to receive this dividend, an investor would have to purch stock on or before 10 A B C D September 11, 2016 August, 29, 2016 September 2, 2016 July 28, 2016 Which of the following statements regarding dividend reinvestment plans (DRIPs) is tra A B 11 DRIPS typically allow shareholders to avoid paying brokerage fees Many DRIPs allow shareholders to purchase shares of the stock at lower-than-mar shareholders can avoid taxes that they would have had to pay if they reinvest the through a tax qualified DRIP rather than receiving the cash payment all of them D A stock dividend A increases the earnings per share of the firm B increases the aggregate market value of the firm's stock C increases the total wealth of the shareholder D reduces the market price per share of the firm's stock 12 tnnding and the market value per share is $25. If th

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