Treasury stock results from the

firm selling stock for greater than its par value

cumulative feature on preferred stock

repurchase of outstanding stock

authorization of additional shares of stock by the board of directors

________ is concerned with the duties of the financial manager in the business firm.

Financial Services

Financial Manager

Managerial Finance

None of the above

A ________ is a restrictive provision on a bond which provides for the systematic retirement of the bonds prior to their maturity.

redemption clause

sinking-fund requirement

conversion feature

subordination clause