11 - 11 Student 1 Because Xerox is a corporation an...

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11 Student: ___________________________________________________________________________ 1. Because Xerox is a ____________ corporation, an investor can purchase stock with the help of an account executive through the secondary market. A. private B. public C. general D. institutional E. securities 2. A corporation whose stock is owned by relatively few people and is not traded openly in stock markets is called a(n) ____________ corporation. 3. Dividends are paid out of profits, and 4. Equity financing is a popular choice to provide long-term financing for a corporation because 5. PowerLight Corporation holds its annual meeting in April. Marie Stewart, who owns stock in the company, cannot attend the meeting. She can vote by a: A. voluntary certificate. B. preemptive right. C. participatory certificate. D. cumulative certificate. E. proxy. 6. The right of current stockholders to purchase any new stock that the corporation issues before it is offered to the general public is called a ____________ right. 7. Which of the following statements is not true?
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8. Which of the following statements is not true?
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