MNOP Inc. declared a $1.00 dividend with a record date of Thursday, September 15, and a payment date of Thursday, October 20. Cheri wants to purchase this stock and receive the dividend. What is the latest date that she needs to have purchased the stock in order to receive the dividend?
A) September 12
B) September 13
C) September 15
D) September 19
E) October 18
Correct Answer:
Verified
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