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When the buyer of an existing share is to receive the pending dividend, the price is

When the buyer of an existing share is to receive the pending dividend, the price is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cum div
  • B Ex-div
  • C At par
  • D At a discount
Correct Answer: Option A
Explanation:
Cum divl; (of share purchases) with a dividend about to be paid.

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