 |
| 1 . |
|
Any incorporated company can issue stock and each ______ of stock represents partial ownership of the corporation.
|
 |
| 2 . |
|
At the time the company issues the stock, each share has a specific value called the face value or the _____ value.
|
 |
| 3 . |
|
A person buying stock receives a certificate of ownership called a ____ ___.
|
 |
| 4 . |
|
Owners of _______ stock receive certain preferential financial benefits over common stockholders.
|
 |
| 5 . |
|
The actual buying and selling of shares of stock is done by a person called a _________.
|
 |
| 6 . |
|
Owners of _______ preferred stock can receive additional dividends if the company does well.
|
 |
| 7 . |
|
_________ preferred stock allows the stock to be exchanged for a certain number of shares of common stock later.
|
 |
| 8 . |
|
A corporation's board of directors can vote to reinvest any profits into the business or can declare a ________ with some or all of the profits.
|
 |
| 9 . |
|
The __________ ratio is a measure of the price of a share of stock compared with its annual per-share earnings.
|
 |
| 10 . |
|
A group of 100 shares or a multiple of 100 shares is called a(n) ________ lot.
|
 |
| 11 . |
|
A group of less than 100 shares of stock is called a(n)___ lot.
|
 |
| 12 . |
|
A _______ is a promise to repay money at a specified later date and in the meantime to pay interest annually.
|
 |
| 13 . |
|
The date of repayment for a bond is called the _________ date.
|
 |
| 14 . |
|
Bonds of businesses that are bankrupt or in financial difficulty are called ______ bonds.
|
 |
| 15 . |
|
Bonds issued by state and local governments are called _______ bonds.
|
 |
| 16 . |
|
Bonds issued by the federal government are called _____ bonds.
|
 |
| 17 . |
|
________ bonds have a provision that allows them to be converted to stock.
|
 |
| 18 . |
|
_________ bonds allow the corporation to repurchase the bonds before the maturity date.
|
 |
| 19 . |
|
A bond for which the price rises above the par value is sold at a __________.
|
 |
|
|