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Author Question: An uncanny truth in the U.S. equity market is that over time the price-earnings multiple has been ... (Read 78 times)

tichca

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on: Jul 11, 2018
An uncanny truth in the U.S. equity market is that over time the price-earnings multiple has been almost constant, ranging fewer than two points up or down from the average over the past 130 years.
 
  Indicate whether the statement is true or false

Question 2

Preferred stock is often referred to as a hybrid security for which of the following reasons?
 
  A) Preferred stock dividends are fixed like bond payments but the maturity is indefinite like common stock.
  B) Preferred stockholders have preference over common stock holders in bankruptcy, but are subordinate to bondholders.
  C) Both A and B are typically true.
  D) Neither A nor B are typically true.


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flannelavenger

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


tichca

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Reply #2 on: Jul 11, 2018
TY


flannelavenger

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Reply #3 on: Jul 11, 2018
Happy to Help


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