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indication that the extra amount may not be repeated in the future. A. Regular cash dividenod B. Extra cash dividend Special cash dividend Liquidating dividend

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indication that the "extra" amount may not be repeated in the future. A. Regular cash dividenod B. Extra cash dividend Special cash dividend Liquidating dividend C. D. 12. Stock price generally drops by about the amount of the dividend at: A. Declaration date Ex-dividend date B. Date of record C. Date of payment D. 13. Dividend increases: A. Management believes it can be sustained B. Expectation of higher future dividends, increasing present value C. Signal of a healthy, growing firm D. Management believes it can no longer sustain the current level of dividends If price of bond price is higher than par value, the bond is selling at A. Interest rates 3. Premium B. Reinvestment rate C. Discount rates D

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