This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: DAS, Inc declared a 0.50 per share dividend on June 1. The date of record is June 20th, the ... (Read 73 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jul 10, 2018
DAS, Inc declared a 0.50 per share dividend on June 1. The date of record is June 20th, the
  ex-dividend date is June 18th, and the payment date is June 31st. Andre owns a share of stock on
  June 1.
 
  Andre sells his share to Brett on June 19th, and Brett sells the share to LaMarcus on June
  29th. Who will receive the dividend?
  A) Brett
  B) LaMarcus
  C) Andre
  D) no one, since the share was not owned consistently by one person over the period

Question 2

What type of loan requires both principal and interest payments as you go by making equal payments each period?
 
  A) Amortized loan
  B) Interest-only loan
  C) Discount loan
  D) Compound loan


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

Answer: A


storky111

  • Member
  • Posts: 561
Reply 2 on: Jul 10, 2018
Gracias!

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

This is a still image from an animation of ocean surface currents from June 2005 to December 2007 This is a still image from an animation of ocean surface currents from June 2005 to December 2007
James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
Electron microscope video of a needle on a vinyl record Electron microscope video of a needle on a vinyl record
Can Expiry Date Can Expiry Date
June 20 2023 June 20 2023
June 23 2023 June 23 2023
Video: Stomach peristalsis - Movement of Food Through the Small Intestine

For a complete list of videos, visit our video library