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It is May20and you are a current shareholderof CDBCorp. The board of CDB has just declared a dividend of $10per share. The ex-date is September
It is May20and you are a current shareholderof CDBCorp. The board of CDB has just declared a dividend of $10per share. The ex-date is September 18and the payable date is October 2. Is the following statement true or false?
If you sell your stockbefore September 18you will not get the dividend payment in October.
- True
-False
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