Question 1

Pt. A

Which of the following has a beta of zero? Group of answer choices a risk-free asset

a diversified stock portfolio

the market

all securities

corporate bonds

Pt. B

The "cumulative" feature of preferred stock:

requires missed dividends to be carried over to the next period.

has cumulative voting rights.

may be redeemed for cash at the option of the stockholder.

may be exchanged for common stock.

has a claim to dividends after common stock.