The term ex dividend refers to ________.
A)a period beginning 2 business days prior to the date of record,during which a stock is sold without the right to receive the current dividend
B)the date on which all investors whose names are recorded as stockholders receive a declared dividend at a specified future time
C)a period beginning 7 business days prior to the date of record,during which a stock is sold without the right to receive the current dividend
D)the actual date on which a firm mails the dividend payment to the holders of record

Question

Quizplus · Accepted Answer

Ex dividend refers to the period beginning 2 business days prior to the date of record during which a stock is sold without the right to receive the current dividend. This means that if an investor buys the stock during this period, they will not be eligible to receive the upcoming dividend payment.

The Term Ex Dividend Refers to ________