Choose your best answers.

The date before which a new purchaser of stock is entitled to receive a declared dividend, but on or after which she does not receive the dividend, is called ... date

The ability of shareholders to undo the dividend policy of the firm and create an alternative dividend payment policy via reinvesting dividends or selling shares of stock is called a:

The fact that flotation costs can be significant is justification for:

Which of the following statements is false regarding the taxation of dividends and share repurchases: