Moving to another question will save this response. Question Question 21 4.4 points Which of the following is not true concerning dividend payment procedures? Dividends are generally paid twice a year The declaration date is the date on which the firm's board of directors announces the forthcoming dividends. The date of record designates when the stock transfer books are to be closed, thus identifying who is entitled to the dividend, Brokerage firms terminate the right of ownership to the dividend two working days prior to the date of record. This date is called the ex-dividend date. Moving to another question will save this response Question 21 of 1 earch Moving to another question will save this response Question 22 of 5 Question 22 4 points You Corp is considering a new inventory system that will cost $850,000. The system is expected to generate positive cash flows over the next four years in the amounts of 50.000 in year one, 5340.000 in year two $175.000 in year three and 120.000 in year four, You Corp's required rate of return is What is the modified male of return of this project 1020 112 o 11.00 Moving to another on wi t h response