FIN408_Quiz5 - 1. Preferred stockholders hold a claim on...

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Unformatted text preview: 1. Preferred stockholders hold a claim on assets that has priority over the claims of A. both commo n stockh olders and bondho lders. B. neither commo n stockh olders nor bondho lders. C. commo n stockh olders, but after that of bondho lders. D. bondho lders, but after that of commo n stockh olders. 2. The riskiest capital market security is A. preferr ed stock. B. commo n stock. C. corpora te bonds. D. Treasu ry bonds. 3. Securities not listed on one of the exchanges trade in the over-the-counter market. In this exchange, dealers make a market by A. buying stocks for invento ry when investo rs want to sell. B. selling stocks from invento ry when investo rs want to buy. C. doing both of the above. D. doing neither of the above. 4. Which of the following statements about trading operations in an organized exchange are correct? A. Floor traders all deal in a wide variety of stocks. B. In most trades, speciali sts match buy and sell orders. C. In most trades, speciali sts buy for or sell from their own invento ries....
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This note was uploaded on 03/17/2008 for the course FIN 408 taught by Professor Miles,jamesalan during the Fall '08 term at Pennsylvania State University, University Park.

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FIN408_Quiz5 - 1. Preferred stockholders hold a claim on...

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