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7. in bankruptcy, is the order oft as t Subordinated debt, bondcommon st e red Subordinated debt, bond, preferred stock common stock Common stock preferred

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7. in bankruptcy, is the order oft as t Subordinated debt, bondcommon st e red Subordinated debt, bond, preferred stock common stock Common stock preferred stock, subordinated debt bend d Bond, subordinated debt, preferred stock common stock & A company issues a stock dividend. Your ownership in the form increases b Decreases c. Remains unchanged d. The price of the dividend is needed. 9. You own 100 shares of stock A valued at SRO per share. A 5:4 stock split results in: a. A new share price of $96. b. Own 125 shares. Own 80 shares. d. Share price remains at $80. 10. Which of the following is true of preferred stocks: a. have voting rights b. are paid after common stockholders c. Dividend payments are fixed d. All of the above 11. Which of the following is not true of zero coupon bonds: a. Are priced at a premium. b. Are discounted because they do not make interest payments. c. Mature at par d. All are true statements. 12. Dividend payments a. Are voted by common shareholders. Are voted by the board of directors. c. Are voted both by common shareholders and the board of directors. d. Are decided by the CEO. 8. Bond A is a 10 year bond with 5 years remaining to maturity. Its coupon is 3% and pays semi-annually. If the market price is $1,100, then the YTM is a. 3% b. 5% c. 6% d. 10%

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