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Author Question: ABC Corp. 5 preferred stock with a par value of 100 and a market price of 125 will pay an annual ... (Read 93 times)

abern

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on: Jul 10, 2018
ABC Corp. 5 preferred stock with a par value of 100 and a market price of 125 will pay an
  annual dividend this year of 12 per share.
 
  Indicate whether the statement is true or false

Question 2

A bond sinking fund
 
  A)
 
  is a method of reserving funds to gradually retire bonds.
  B)
 
  involves reserving funds to pay periodic bond interest.
  C)
 
  refers to the practice of selling bonds and saving the proceeds as an emergency in case the company goes bankrupt.
  D)
 
  refers to bonds of corporations that are in default.


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Beatricemm

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

FALSE

Answer to Question 2

A


abern

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Reply #2 on: Jul 10, 2018
Thank you :)


Beatricemm

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Reply #3 on: Jul 10, 2018
Happy to help you


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