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On the date of record the stock price drop related to the dividend is: a full adjustment for the dividend payment. a partial adjustment for

On the date of record the stock price drop related to the dividend is:

a full adjustment for the dividend payment.

a partial adjustment for the dividend payment because of the tax effect.

zero because the adjustment occurs on the ex-dividend date.

zero because the adjustment occurs on the payment date.

generally greater than the dividend amount.

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