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Stock price around dividend. Alantis Manufacturing, Inc issues the following press release holders as of the 20th of this month on the 30th of this

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Stock price around dividend. Alantis Manufacturing, Inc issues the following press release holders as of the 20th of this month on the 30th of this month. The company made this announcement on March 2, 2014. There is a two-day settlement for stock transactions Atilantis Manufacturing will pay a quarterly dividend of $0 80 per share to record Ur price does not change between March 2, 2014 and March 30, 2014 other than for the cash dividend. On what day does the price change? What is the cost to a buyer after the announcement? What is the sales revenue to a seller after the announcement? O A. The price will be reduced by the amount of the dividend on March 2, 2014, the declaration date O B. The price will be reduced by the amount of the dividend on March 30, 2014, the payment date C. The price will be reduced by the amount of the dividend on March 18, 2014, the ex-dividend date O D. The price will be reduced by the amount of the dividend on March 20, 2014, the record date 2What is the net cost to a buyer before the ex-date? $43.61 (Round to the nearest cent) What is the net proceeds to a seller before the ex-date? Round to the nearest cent.)

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