- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 8. Equity Valuation: Concepts and Basic Tools
- Subject 2. Background for the Dividend Discount Model
CFA Practice Question
In order to have a claim on the dividend, a share must be bought no later than: A. the last day before the ex-dividend date.
B. the last business day before the ex-dividend date.
C. the ex-dividend date.
D. the last day before the holder-of record date.
Correct Answer: B
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