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Will katie receive a dividend

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Question: Keenan Corp declared a dividend of $1.10 per share on Friday November 3, payable on Friday November 24 to shareholders of record as of Monday November 20. Katie sold her 1,000 shares of Keenan on Friday November 17 and Jake bought 500 shares on Thursday November 16. a) Will Katie receive a dividend? If so, how much will she receive? Briefly explain. b) Will Jake receive a dividend? If so, how much will he receive? Briefly explain.

Reference no: EM133612396

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