An investor who owns preferred stock has
A. the same rights as a bond holder.
B. unlimited liability for the debts of the firm.
C. regular voting rights.
D. preferential treatment in the payment of dividends.
Answer: D
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Which of the following is not assumed in perfect competition?
a. there are numerous sellers of a product b. all products are identical c. no advertising exists d. all firms are equally efficient in the short run
Several features distinguish hedge funds from traditional mutual funds, including
A) mutual funds have a minimum investment requirement of $1,000 or more; hedge funds have no minimum investment requirement. B) hedge funds typically charge investors large fees relative to mutual funds. C) hedge fund investors need not commit their money for more than a few weeks at a time, explaining why they pay higher fees. D) hedge funds are significantly less risky relative to mutual funds.
Increases in the government-imposed minimum wage tend to increase unemployment among unskilled workers
a. True b. False
The supply-demand mechanism will bring an international market into equilibrium
a. at a price below the domestic price. b. where domestic supplies are less than domestic demand. c. with one nation's price higher than the other nation's price. d. when the quantity demanded for exports is equal to quantity supplied.