The correct order of dividend process dates

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1. The correct order of dividend process dates is

a) date of record, declaration date, ex-dividend date, payment date.

b) declaration date, date of record, ex-dividend date, payment date.

c) ex-dividend date, date of record, declaration date, payment date.

d) declaration date, ex-dividend date, date of record, payment date.

2. What's the present value of a $950 annuity payment over six years if interest rates are 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

3. Within the context of a stock repurchase, what is meant by a tender offer?

Reference no: EM132052889

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