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It is January 15 and you considering whether to buy shares in Cowbeli Corp (you do not own any shares at this moment). The board

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It is January 15 and you considering whether to buy shares in Cowbeli Corp (you do not own any shares at this moment). The board of Cowbell has just deciared a dividend of $3 per share. The ex-date is May 12 and the poyable date is June 1. Which of the following statements is true? 1. To receive the dividend you must buy shares before May 12 and keep them until June 1. II. To receive the dividend you should buy shares between May 12 and June 1 . II. To reselve the dividend you should buy shares belore May 12 and keep them at least until May 12. IV. You wont receive the dividend even if you buy shares on January 15 , because you were not the shareholder of record when the board declared the dividend

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