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Jarod is planning on buying 1,000 shares of WIT Inc. On Monday morning he reads that WIT just announced its first ever dividend with a
Jarod is planning on buying 1,000 shares of WIT Inc. On Monday morning he reads that WIT just announced its first ever dividend with a record date of the following Monday. Jarod wants to earn capital gains from this investment rather than dividends and so he wants to buy on the first available date on which he will NOT be entitled to dividends. When should he buy the shares? a) Wednesday b) Friday c) Tomorrow (Tuesday) d) Thursday
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