SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 38
Question: 38
Which of the following is determined by the rules of the exchange on which the stock is traded?
Correct Answer: D
Explanation:
D: Choice D is correct because the exchange's rules determine when the stock begins to trade without a right to the dividend. Choices A, B, and C are incorrect because these dates determined by the board of directors of the company that issued the stock.
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