1 If coupon rate is higher than market interest rate staraight line amortization should be used. true or false

2 A reverse share split reduces the market value of shares and the par value per share. true or false

3 After the date of record, even if we sell the share, we will receive the dividend. true or false

4 In a premium bond amortization, we are deduction amortization amount from the carring amount of the bond. true or false

5 For the premium bond, effective and for discount bonds we must use straight line amortization method. true or false

6 In cumulative preferred dividend the dividend must be paid every year regularly without any exception. true or false

7 Some partnership may have limited and unlimited liable partners. true or false

8 If coupon rate equal to market interest rate it is par bond. true or false

9 Dividend payment will reduce the retained earnings. true or false

10 Preferred shareholders has regular payments of preferred dividends without exception. true or false

11 The priority for payment of dividend for preferred shares or common shares is based on in incorporation of the corporation. true or false

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