Which of the following orders are reduced on the ex-dividend date for a cash dividend?

Which of the following orders are reduced on the ex-dividend date for a cash dividend?

Which of the following orders are reduced on the ex-dividend date for a cash dividend?


Buy 100 XYZ 60 DNR.

Sell 100 XYZ 70.

Sell 100 XYZ 60 STOP.

Buy 100 XYZ 70 STOP.



A) III only.

B) I and II.

C) II and IV.

D) III and IV.



Answer: A) III only.


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