Share dividend for the holders of record

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At a firm's quarterly dividend meeting held April 9, the directors declared a $0.50 per share dividend for the holders of record on Monday, May 1. The firm's stock will sell "ex-dividend" on: (a) April 9th, (b) May 5th, (c) April 25 or (d) April 27 and why?

Reference no: EM131318023

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