logo

Crowdly

Browser

Add to Chrome

Your friend Cindy bought 100 shares of ABC Inc. stock on January 20th at $12.05 ...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

Your friend Cindy bought 100 shares of ABC Inc. stock on January 20th at $12.05 per share. ABC Inc. declared a $0.60 per share dividend on February 24th, with a record date of Friday, March 24th, and a payment date of April 15th. Cindy sold her 100 shares on Wednesday March 22nd at a price of $13.80 per share. According to the current TSX rules, ex-dividend date is one business day prior to the record date, how much would Cindy make on this investment?

100%
0%
0%
0%
0%
More questions like this

Want instant access to all verified answers on moodle.uleth.ca?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Browser

Add to Chrome