Wilson Enterprises set a record date of Tuesday, March 16 for its rights offering. Which one of the following statements is correct given this information?
A) Investors who purchase shares on Friday, March 12 will receive rights on shares.
B) The ex-rights date is Friday, March 12.
C) The ex-rights date is Sunday, March 14.
D) The first date to purchase shares ex-rights is Monday, March 15.
E) The last date to purchase shares cum rights is Tuesday, March 9.
Correct Answer:
Verified
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