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Unformatted text preview: Chapter 14 1. Define capital surplus. 2. What rights do shareholders have? 3. Example of cumulative versus straight voting. 4. What is a proxy? 5. Different between interest and dividends. 6. Definitions of indenture, covenants and some example of restrictive covenants. 7. What is preferred stock, and the differences between cumulative and non-cumulative dividends. 8. What are three reasons why preferred stock is issued? (the preferred stock puzzle) Patterns of financing. Observed that this is knows as the pecking order....
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This note was uploaded on 11/02/2011 for the course FIN 320 taught by Professor Staff during the Fall '08 term at Ill. Chicago.
- Fall '08
- Corporate Finance