WAEC Commerce 2013 Objective — Question 9
Question 9 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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If a share is quoted ex-div, it means the new buyer would
- A. get the next dividend
- B. not get the next dividendCorrect
- C. get a fixed dividend
- D. not get any dividend
Explanation
Ex-div means that the seller is entitled to the next dividend, so the new buyer will not get the next dividend.
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