3. Stocks that pay a high dividend are called ____________ stocks.

1. Growth
2. Large Cap
3. Income
4. Speculative

4. The stock price will fall by the amount of the dividend on the _____________.

1. Declaration Date
2. Ex Dividend Date
3. Payment Date
4. Record Date

5. What is the value of a right if the stock (including the right) sells for $60 and it takes four rights to buy stock for $40?

a) $4 b) $4.5 c) $5 d) $6.67