Calculate the date of declaration


Question: The board of corporation of Rose Company is going to pay a dividend of 56,000 dollar to its common shareholders. Explain what will happen on each of the dates below in relation to this 56,000 dollars dividend.

[A]     Date of record

[B]     Date of payment

[C]     Date of declaration

[D]     Ex-dividend date

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Finance Basics: Calculate the date of declaration
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