2. What are four main advantages of investing in common stock?
3. Why should investors consider common stock as investment vehicle if they have a long-term time horizon?
4. Why does dividend income growth exceed that of bon income growth over a period of time?
5. Explain the difference in taxation between stock dividend income and bond interest income.
6. What is a capital gain? Is it taxed the same way as dividends?
7. Describe some of the characteristics of common stock.