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To separate cash flows from certain lines of business (mostly in conglomerates), companies create a classified stock tied to a certain line of their business.

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To separate cash flows from certain lines of business (mostly in conglomerates), companies create a classified stock tied to a certain line of their business. Such stocks are called ___ stocks. Consider this case: The CEO of EchoStar Communications, Charlie Ergen, owned around 5% 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, http://files.shareholder.com/downloads/DISH/1330128565 times 0 times 480914/DC4551SA-D65F-47SD-B6C2-CF83AE7AIOD6/DISH_-Web_Posting_-3.30.11.pdf. Based on this example, which of the following statement is true? Classified shares have super voting rights, which give more control to a certain class of investors. Classified shares are not issued with the purpose of providing super voting rights to a certain class of investors. Suppose you work for a mutual fund firm. You team is thinking of investing in EchoStar's stock. Your task is to create a report on the stock's performance and investment potential. In this scenario, you are working as a ___ analyst

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