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Pickens is a keen share trader

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Pickens is a keen share trader. He's planning to buy shares in NAB Ltd on November 1 and sell them on November 2. You notice that November 1 is the company's ex-dividend date. What should you advise T. Bone to do?

Select one:

a. He should revise his plans because on the ex-dividend date, the company's share price will fall by at least as much as the dividend

b. He should consider a diversification strategy

c. He should take into account the Beta for the company's shares.

d. He should do nothing. Share prices are unpredictable and the price might go up or down.

e. He should buy twice as much as he originally planned because he will be entitled to the dividend.

2.

Crystal Group has a market capitalization of $15,900,000. The number of shares outstanding is 2,000,000. What is the price of the shares?

Select one:

a. $7.95

b. $97.50

c. $5.69

d. $8.50

3.

If you have saved $15,000, how much will you have after 6 years if you invest it at 3.50% p.a.?

Select one:

a. $12,218.21

b. $17,864.94

c. $18,438.83

d. $15,969.81