Income distributed by a mutual fund from which one of the following sources receives a preferential tax rate of 15%?
A) dividends on common stock
B) interest on bonds
C) dividends from most preferred stocks
D) dividends from REITs
Answer: A
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Trust is based on _______, which in turn is based on past acts of integrity and follow-through on promises.
A. cooperation B. credibility C. unity D. honesty E. cohesiveness
What ethical standards must be upheld when viewing communication through the transmission metaphor?
What will be an ideal response?
Which question seeks to get a deeper level of information?
A. neutral B. open-ended C. primary D. secondary
Omega Software Corporation's bond with a face value of $1,000 is currently selling at a premium in the financial markets. If the bond's yield to maturity is 11.5 percent, then the bond's:
A. coupon rate of interest must be less than 11.5 percent. B. coupon rate of interest must be greater than 11.5 percent. C. coupon rate of interest must be equal to 11.5 percent. D. maturity value must be greater than $1,000. E. maturity value must be less than $1,000.