Cumulative preferred stock A) has a right to vote ...

[soccerdreamer_17]

Cumulative preferred stock
 
  A) has a right to vote cumulatively.
  B) has a claim to dividends before bonds.
  C) requires dividends in arrears to be carried over into the next period.
  D) has a higher required return than common stock.

Question 2

An order for 1,850 shares of stock involves
 
  A)
 
  one block lot, 8 round lots, and one odd lot.
  B)
 
  one block lot and one odd lot.
  C)
 
  18 round lots and one odd lot.
  D)
 
  one round lot and one odd lot.

[kxciann]

Answer to Question 1

C

Answer to Question 2

C