If a share is quoted ex-div, it means the new buyer would
COMMERCE
WAEC 2013
If a share is quoted ex-div, it means the new buyer would
- A. get the next dividend
- B. not get the next dividend
- C. get a fixed dividend
- D. not get any dividend
Correct Answer: B. not get the next dividend
Explanation
Ex-dividend describes a stock that is trading without the value of the next dividend payment.
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