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Author Question: A(n)________ is hired by a firm to find prospective buyers for its new stock or bond issue. A) ... (Read 48 times)

tfester

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on: Jul 10, 2018
A(n)________ is hired by a firm to find prospective buyers for its new stock or bond issue.
 
  A) securities analyst
  B) trust officer
  C) commercial loan officer
  D) investment banker

Question 2

A firm has the balance sheet accounts, Common Stock and Paid-in Capital in Excess of Par, with values of 40,000 and 500,000, respectively. The firm has 40,000 common shares outstanding.
 
  If the firm had a par value of 1, the stock originally sold for ________.
  A) 11.50/share
  B) 12.50/share
  C) 13.50/share
  D) 15.50/share


Kjones0604

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

C


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