Question: AFB Corp. Declared a $1.00 dividend on January 5 th, with an ex-dividend date of January 19th, a record date of January 21st, and a
AFB Corp. Declared a $1.00 dividend on January 5 th, with an ex-dividend date of January 19th, a record date of January 21st, and a payment date of March 15 th. Doug purchased AFB stock on January 6 th. Which of the following statements is MOST correct? Doug will not receive the dividend because he purchased the stock after the declaration date. Doug will not receive the dividend because he purchased the stock prior to the record date. Doug will
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