SIE Exam Question 1018: Answer and Explanation

Question: 1018

____ The date that the market price of the stock adjusts for the dividend.

  • A. Date of declaration
  • B. Ex-dividend date
  • C. Date of record
  • D. Date of payment

Correct Answer: B

Explanation:

The ex-dividend date is the date that the market price of the stock adjusts for the dividend.

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