_____ is found by dividing the dividend per share by the previous day's price per share. Yield
Which of the following statements is true of a capital gain? It is a type of return on investment for common stockholders.
Passed during the early twenty-first century, the _____ increased the Securitie...
FM 116 CH 10 Practice Questions and
Answers
_____ is found by dividing the dividend per share by the previous day's price per share.
✅Yield
Which of the following statements is true of a capital gain? ✅It is a type of return on
investment for common stockholders.
Passed during the early twenty-first century, the _____ increased the Securities and
Exchange Commission's authority to regulate financial markets and investigate charges
of fraud and unethical behavior. ✅Sarbanes-Oxley Act
A(n) _____ is an organized venue for stockbrokers and securities dealers to trade listed
stocks and other securities for their clients. ✅securities exchange
Dyno Corp. is a publicly traded firm that has 800 shareholders and $25 million in assets.
As per the Securities Exchange Act of 1934, which of the following actions should Dyno
Corp. undertake? ✅It should file quarterly and annual financial reports with the
Securities and Exchange Commission.
_____ are not-for-profit organizations owned by their depositors, which strive to pay
higher interest rates on member deposits and charge lower interest rates on loans.
✅Credit unions
Richard wants to buy additional stock in Rancor Mobil, but the price of the stock has
fluctuated in recent days. He wants to make sure he does not pay too much. His
analysis suggests that $80 per share is the highest price he should pay. Richard is likely
to place a _____ with his broker. ✅limit order
Which of the following is a difference between market orders and limit orders?
✅Market orders instruct a broker to buy or sell a security at the current market price,
whereas limit orders place restrictions on the prices at which orders are executed.
Hakeem owns shares worth $4,000 dollars in a textile firm. Having a stake in the
company, he has the right to vote, the right to receive return on investment in the form
of capital gain, and the right to residual claim on assets. Hakeem is a(n): ✅Common
stockholder
Sansburn & Sons, an institutional investor, issues a fixed number of shares and invests
the money received from selling these shares in a portfolio of assets. The scenario is an
example of: ✅a closed-end fund
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