You just concluded a stock purchase transaction via a computer hookup rather than in an organized exchange. This trade took place in the
A) over-the-counter market.
B) NYSE.
C) AMEX.
D) primary market.
E) none of the above.
Answer: A
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The lower the reach and frequency, the higher the cost of an advertising campaign will be.
Answer the following statement true (T) or false (F)
Inez and Jason are the shareholders and directors of Kleen Kustodial Corporation. Lily and Moe are Kleen's officers. As with other corporations, the responsibility for the overall management of Kleen rests with
A. the board of directors. B. the officers. C. the owners. D. the shareholders.
A borrower has a right to rescind a mortgage within three business days.
Answer the following statement true (T) or false (F)
The basic shortcoming of the EBIT-EPS approach to capital structure is ________.
A) that the optimal capital structure is difficult to compute B) its disregard for the presence of preferred stock in the capital structure C) its disregard for the firm's dividend policy D) that it concentrates on the maximization of EPS rather than the maximization of owner's wealth