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

Question

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] · Answer 1 · 2022-09-12T06:35:03+03:00

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