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Lynna [10]
3 years ago
7

A customer owns an ABC Call option. ABC declares a dividend for shareholders on record July 5th. The last day to exercise the op

tion and get the dividend is: A June 30th B July 1st C July 2nd D July 3rd
Business
1 answer:
svp [43]3 years ago
7 0

Based on the information given, the last day to exercise the option and get the dividend is D. July 3rd.

A dividend simply means the distribution of profits by a  corporation to the shareholders. It's simply the profit shared with them.

Since the customer owns an ABC Call option and ABC declares a dividend for shareholders on record July 5th, then the last day to exercise the option and get the dividend is July 3rd.

Learn more about dividend on:

brainly.com/question/6867866

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Zanzabum

Answer:

The customer will pay, disregarding commissions and accrued interest $9,546.88 .

Explanation:

According to the given data we have that A customer buys 10M of the notes "10 M" means that the customer is buying $10,000 par value of the notes-

The Treasury Note is quoted at 95-11 - 95-15

In this case A customer will buy at ask price, which is 95 and 15/32 nds = 95.46875%

Therefore, 95.46875% of $10,000 par = $9,546.88

The customer will pay, disregarding commissions and accrued interest $9,546.88 .

7 0
4 years ago
Why is it important to perform multiple trials in an experiment -- meaning that you include many test individuals or samples?
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3 years ago
Windsor, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo
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Answer:

Explanation:

The journal entries are shown below:

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                                            To Cash A/c Dr $248.9         ($264.2 - $15.3)  

(Being disbursement of cash recorded)

3. Petty Cash A/c Dr $115

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Answer:

B. A firm goes heavily into debt in order to obtain funds to purchase the shares of the public.

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A leverage buyout refers to when any company purchases any other company by using entirely debt and secure that debt with the assets of the same company they are purchasing.

Hope this helps,

Thank You.

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