Q-9-10-11-12-13-14-15

9) are promised a fixed periodic dividend that must be paid prior to paying any common stock dividends. A) Preferred stockholders B) Common stockholders C) Bondholders D) Creditors 10) If expected retum is less than required return on an asset, rational investors will A) buy the asset, which will drive the price up and eause expected return to reach the level of the required return. B) sell the asset, which will drive the price down and cause the expected return to reach the level of the required return. C) sell the asset, which will drive the price up and cause the expected return to reach the level of the required return. D) buy the asset, since price is expected to increase. 11) Shares of stock currently owned by the firm's sharcholders are called A) authorized. B) issued. C) outstanding. D) treasury shares, 12) are the shares of common stock that a firm's comorate charter allows it to issue. A) authorized. B) issued. C) outstanding. D) treasury shares. 13) the Increase in the expected dividends or dividend growth while the required return constant lead to in the price of the stock A) Increase B) Decrease C) No change 14) the decrease in the expected dividends or dividend growth while the required return constant lead to in the price of the stock A) Increase B) Decrease C) No change 15) the increase in the required retum while the expected dividends and dividend growth constant lead to the in the price of the stock A) Increase B) Decrease C) No change 16) the decrease in the required return while the expected dividends and dividend growth constant lead to the in the price of the stock A) Increase