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Posted on Jul 22, 2024

On April 1, a firm announces that holders of record on May 1, will receive a dividend on June 1. Which of the following statements

On April 1, a firm announces that holders of record on May 1, will receive a dividend on June 1. Which of the following statements is false?

A shareholder who bought stock in the firm on May 2, will receive a dividend on June 1.

The declaration date is April 1

The payment date is June 1

The date of record is May 1

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