Quiz_7 - Question1 10/10points

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Question 1 10 / 10 points
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(I) A share of common stock in a firm represents an ownership interest in that firm.  (II) A share of preferred stock is as much like a bond as it is like common stock.  a) (I) is true,  (II) false.  b) (I) is false,  (II) true. c) Both are  true. d) Both are  false.  Question 2 10 / 10 points Suppose the average industry PE ratio for auto parts retailers is 20. What is the current price of Auto Zone stock if the  retailer's earnings per share are projected to be $1.85? a) $10.81  b) $9.25  c) $21.85  d) $37  Questio n 3 0 / 10 points To list on the NYSE, a firm must  a) have at least $500 million  of market value and $100  million of revenue.  b) have earnings of at least  $10 million for each of the  last three years.  c) have a total of $100 million  in market value of publicly  traded shares.  d) meet all of the above  requirements.  e) meet (a) and (b) of the  above requirements. Question 4
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This note was uploaded on 02/21/2011 for the course FIN 3403 taught by Professor Duong during the Spring '08 term at The University of Oklahoma.

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Quiz_7 - Question1 10/10points

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