Given: Today is $6\mathrm{.}1\mathrm{.}15$ Trade date $5\mathrm{.}31\mathrm{.}15,$settlement $6\mathrm{.}1\mathrm{.}15$ sell $700$ shares Trade date $5\mathrm{.}31\mathrm{.}15,$settlement $6\mathrm{.}1\mathrm{.}15$ sell $150$ shares Trade date $5\mathrm{.}31\mathrm{.}15,$ settlement $6\mathrm{.}1\mathrm{.}15,$ buy $550$ shares Priced $600$ shares of DIS at $$102\mathrm{.}50$ per share on $5\mathrm{.}31\mathrm{.}15$ Ex$-$date $6\mathrm{.}1\mathrm{.}15$ Cash dividend rate of $1\mathrm{.}15$ per share Calculate shares entitled to dividend Calculate today's dividend income from DIS What would you expect to happen to DIS stock price? DIS stock price drop by the dividend rate of $1\mathrm{.}15$ Calculate expected market value of DIS excluding normal market movement Why would a company elect to pay a cash dividend versus a stock dividend? It has cash on hand available to pay the dividend. Why don't we always receive cash for dividends on expected payment date? All of the above