Shareholders of XYZ Company will be smiling all the way to the bank following an announcement of a dividend of 8 pesewas per share to all shareholders in respect of the 2014 financial year. The announcement was made on March 1, 2015 and the dividend is expected to be approved by investors at the company's Annual General Meeting scheduled for March 27, 2015. In this regard, members registered in the books of XYZ at the close of business on March 23, 2015 will qualify for the payment of the final dividend. The ex-dividend date has however been set as Friday March 20, 2015. The final dividend will be paid on March 30, 2015. XYZ is presently trading at GHS 3.13 per share on the Ghana Stock Exchange. a) Given that the GSE rules provide that all transactions on the floor of the exchange must go through the books of the firm by the close of business on the third working day following the transaction, what is the last date on which to buy the shares in other to receive the dividends announced? b) What is the last day on which to sell your shares if you do not wish to receive these dividends? .) If the equity of XYZ is worth GHS 313 million, how much will Esi receive if she owns 1% of the shares of XYZ? What is XYZ's dividend yield? d)