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Which shares are sold Ex-div it means that the?

Which shares are sold Ex-div it means that the?
  • A.
    buyer is entitled to any dividend which may be declared
  • B.
    shares are sold at per
  • C.
    shares are sold at a premium
  • D.
    sellers has the right to the next dividend
  • E.
    shares are sold at a loss
Correct Answer: Option D
Explanation