Question: On January 1 , 2 0 2 5 , an investor purchased 1 0 0 shares of Dandy Ltd . On February 1 , 2

On January 1,2025, an investor purchased 100 shares of Dandy Ltd. On February 1,2025, the company declared a dividend of $2 per share for shareholders of record on March 14,2025, payable on April 1,2025. The ex-dividend date is assumed to be March 12,2025.
If the investor wishes to purchase more shares in order to receive this dividend, before which one of the following dates must the purchase be made?
a) February 2,2025
b) March 12,2025
c) March 15,2025
d) April 2,2025
On January 1 , 2 0 2 5 , an investor purchased 1

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