retyped exam 4

retyped exam 4 - 1. Non qualified dividends received by an...

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1. Non qualified dividends received by an individual shareholder: C) are taxed at the individual’s marginal tax rate 2. most (number of issues) preferred stocks are: D) comparative with respect to dividends 3. 4. “regular way” delivery of stocks traded on the US exchanges occurs ___ business days following the trade date: B) 3 5. an order to the NYSE to buy or sell a stock at the best price currently is called: D) marker order 6. a short seller of common stock: B) hopes to benefit from a decline in the price of a stock 7. a short “against the box” occurs: B) when the short seller plans to replace the borrowed stock with stock that he/she owns. 8. a stockholder owns stock that is selling for $40 per share. The stockholder places an order to sell off shares if it declines to $36 per share. This type of caller is called: D) a stop order 9. what action would the holder of a maturing call option take with an option contract that cost $3.00 per share, has an exercise price of $50 per share and the current market price per share is $54? (remember the option contract is for 100 shares) B) exercise the option 10. 11. you purchase a stock that is trading “ex-dividend.” This means that: B) the seller keeps the declared dividend 12. commonly, the shares of this investment company… B)____ and investment_____ 13. overall, ________ have the lowest operating cost or expense ratio per share. D) exchange trade funds
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This note was uploaded on 08/08/2011 for the course FINN 3053 taught by Professor Staff during the Spring '08 term at Arkansas.

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retyped exam 4 - 1. Non qualified dividends received by an...

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