Calculation of date of declaration ex dividend date of record and payment date

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Calculation of date of declaration, ex dividend, date of record and payment date.

The board of corporation of Rose Company is going to pay a dividend of $56,000 to its common shareholders. Describe what will happen on each of the dates below in relation to this $56,000 dividend.

A. Date of declaration

B. Ex-dividend date

C. Date of record

D. Date of payment

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