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Author Question: Equity instruments are a claim upon a residual value, but preferred shares have some features like ... (Read 50 times)

Dannyrod2

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on: Aug 7, 2023

Question 1

You recently sold500shares ofAlphabetstock; the transfer was made through a broker, and the trade occurred on the TSX. Which type of transaction is this?

◦

a futures market transaction


◦

an IPOmarket transaction


◦

a primarymarket transaction


◦

a secondarymarket transaction



Question 2

Equity instruments are a claim upon a residual value, but preferred shares have some features like debt and some like equity.

◦ true
◦ false
Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by Dannyrod2 on Aug 7, 2023

KobyRhoads

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Reply #1 on: Aug 7, 2023
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Dannyrod2

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Reply 2 on: Aug 7, 2023
Excellent

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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