Which of the following day count conventions applies to a US Treasury bond?
A. Actual/360
B. Actual/Actual (in period)
C. 30/360
D. Actual/365
B
Actual/Actual (in period) is used for US Treasury bonds. This means that the interest earned during a period that lies between two coupon payment dates is calculated by dividing the actual number of days in the period by the number of days between the coupon payments and multiplying the result by the next coupon payment
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Indicate whether the statement is true or false
Common stock always carries a preference for receiving dividends over preferred stock.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
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This action allows the stock to be purchased on the open market and gives investors a chance to get a return of cash.
a. liquidation b. IPO c. exit plans and clauses d. company registration