Q5:
option E: none of the above
---since August 26th is record date; the share has to be purchased 2 days before this date and in options it is not given
Q6:
option C
Dividend irrelevance theory is the one which suggest that investors doesnt differentiate between company growth and paying of dividend. and Residual dividend policy is based on this theory
5 The Board of Directors announces on August 17, 2020 a $1.20 dividend to be paid...