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-Drop down menu : sell side or buy side 2. Types of common stock True or False: To segment the rights to which certain common
-Drop down menu : "sell side" or "buy side"
2. Types of common stock True or False: To segment the rights to which certain common shareholders are entitled, companies often separate common equity into more than one class of shares called classified stock. O True O False Consider this case: The CEO of EchoStar Communications, Charlie Ergen, owned around 50% of the company's stock, but his multiple votes per share gave him around 90% of the vote. Source: "Dish Network 2010 Annual Report," on Dish Network Investor Relations, https://dish.gcs-web.com/static-files/70cb3358-3870-48fd-9f4a-5ceedbb77c5. Based on this example, which of the following statements is true? O Classified shares are not issued with the purpose of providing super-voting rights to a certain class of investors. O Classified shares have super voting rights, which give more control to a certain class of investors. Suppose you work for an investment bank where you are assigned to track EchoStar's stock and create reports that brokers can distribute to investors. Investors can then use these reports and decide whether they want to invest in a particular stock. In this scenario, you are working as a analystStep by Step Solution
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