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When the buyer of an existing share is to receive the pending dividend, the price...

Commerce
WAEC 2010

When the buyer of an existing share is to receive the pending dividend, the price is

  • A. cum div
  • B. ex-div
  • C. at par
  • D. at a discount
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Correct Answer: Option A
Explanation

Cum divl; (of share purchases) with a dividend about to be paid.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now