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PetersonNurseriesdeclaredadividendof$.80ashareonJune1toholdersofrecordon Tuesday,June18.ThedividendispayableonJuly1.Youpurchased300sharesofthisstock onFriday,June14.HowmuchdividendincomewillyoureceiveonJuly1fromPeterson Nurseries? A. $0 B.$60 C.$80 D.$120 E.$240 Why answer is $0?

PetersonNurseriesdeclaredadividendof$.80ashareonJune1toholdersofrecordon

Tuesday,June18.ThedividendispayableonJuly1.Youpurchased300sharesofthisstock

onFriday,June14.HowmuchdividendincomewillyoureceiveonJuly1fromPeterson

Nurseries?

A.$0

B.$60

C.$80

D.$120

E.$240

Why answer is $0?

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