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It is January 15 and you are a current shareholder of Cowbell Corp. The board has just declared a dividend of $3 per share. The
It is January 15 and you are a current shareholder of Cowbell Corp. The board has just declared a dividend of $3 per share. The ex-date is May 12 and the payable date is June 1. Which of the following statements is true? Ol. To receive the dividend you should keep your shares at least until May 12. O II. If you sell your shares before May 12 you will still receive the dividend. O III. You will receive the dividend even if you sell your shares on January 16 because you were the shareholder of record when the board declared the dividend. IV. To receive the dividend you must keep your shares until June 1
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