Aliyu bought 100 shares at the stock market through a stockbroker. He was told the price each share was N3 cum. div. This means that Aliyu
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- A Is entitled always to a cumulative dividends accruing from the shares
- B Is entitled to the next dividends due to the shares
- C Will not be entitled to the next dividends due to the shares
- D Still owes N3 on the shares which will be subtracted from the dividends
Correct Answer: Option B
Explanation:
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