You bought $6,500 worth of a stock with a 609 margin. One year later you sold the stock for What pad no dividends and the annual interest rate charged on your borrowed funds was 7.69 return did you receive on your investment? 15.496 b. 20.596 c. 26.9% d. 30.796 The risk free rate is equal to the real risk free rate a plus a risk premium b. plus an expected inflation premium - minus an expected inflation premium d. none of the above A corporation has two different issues of common stock. One carries voting rights, and the other does not. In this situation, the company has issued a treasury stock b. OTC stock c. subordinate stock d. classified stock When market interest rates rise by any given amount, which of the following bonds will experience the greatest relative price change a. a low coupon, short maturity bond b. a low coupon, long maturity bond c. a high coupon, short maturity bond d. a high coupon, long maturity bond _Bond portfolio immunization is achieved when a. the weighted duration of a bond portfolio exactly matches the desired investment horizon b. the weighted average current yield of the portfolio exactly matches the portfolio's yield to maturity c. the modified duration of the portfolio exactly matches the average duration of newly issued bonds equal risk d. the weighted average years to maturity of the portfolio equals the investment horizon. The type of preferred stock that specifies that any dividends in arrears must be paid to the preferred stockholders before dividends can be restored to common stockholders is known as - a. cumulative preferred stock b. participating preferred stock C. convertible preferred stock d. sinking fund preferred stock