Question 14 2 pts Chapter 10: "A document giving one person the authority to act...
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Question 14 2 pts Chapter 10: "A document giving one person the authority to act for another, typically the power to vote shares of common stock" is Corporate Charter Proxy Founder's Shares Legal Notice D Question 15 2 pts Class "B" shares always have more votes per share than class "A" shares. True False D Question 16 2 pts A provision in the corporate charter or bylaws that gives common stockholders the right to purchase on a pro rata basis new issues of common stock is referred as - By Laws Right Proxy Right Preemptive Right Preferred Stock Right None of the answers is correct D Question 17 5 pts Constant Growth (Gordon) Model: (Intrinsic) Value of Stock = D/(rs-g) Di = Next year's dividend, r. Required rate of return, g = Dividend growth rate Next year's dividend = D. (1 + g) Do = Current year's dividend If Do = $5. rs = 12%, and g = 10% What is the (Intrinsic) Value of Stock? $5.5 $100 O $150 $275 $250
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