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QUESTION 26 Dion Corporation splits is common stock 2 for 1 when the market value is $40 per share. Prior to the split, Don had
QUESTION 26 Dion Corporation splits is common stock 2 for 1 when the market value is $40 per share. Prior to the split, Don had 50.000 shares of 512 par valus common stock issued and outstanding After the spit, the par value of the stock a remains the same Ob is reduced to $6 per share Oc is reduced to $5 per share od is increased to $20 per share QUESTION 27 Secured bonds are bonds that O a are in the possession of a bank Ob are registered in the name of the owner O c. have specific assets of the issuer pledged as collateral Od have detachable interest coupons QUESTION 28 A legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company called Oa a bond debenture Ob a bond Indenture oc trading on the equity O d. a term bond
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