Question: ABC Corp announced that it would pay a dividend to all shareholders of record as of Wednesday, April 5th, 2017, it takes three (3) days

ABC Corp announced that it would pay a dividend to all shareholders of record as of Wednesday, April 5th, 2017, it takes three (3) days for the new owners of a share of stock to be registered.

a. What was the date of the ex-dividend day?

b. What was the last day an investor could have purchased ABC stock and still received the dividend payment?

A. what was the ex-dividend day?

a. April 3

b. April 4

c. April 1

d. March 30

b. What was the last day an investor could have purchased ABC stock and still get the dividend payment?

a. March 31

b. April 3

c. March 29

d. April 4

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