Stock classes may differ in voting rights. dividend rights, and claims to income during company...
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Stock classes may differ in voting rights. dividend rights, and claims to income during company elimination. True False QUESTION 14 All of the following are advantages of investing in ADR's except: ADR's fall under the oversight of the SEC. Dividends are received n U.S. currency. Currency Risk is virtually eliminated. Transcripts are Don in U.S. Currency QUESTION 15 Which of the following is not true about preferred stock? Preferred stock plays the primary role in financing corporate enterprise. Preferred stock represents hybrid security by combining features of debt and common stock. Preferred stockholders hae no ownership nterest in the firm. All of the above are true. QUESTION 16 What is one drawback of preferred stock is. Capital base can be expanding without diluting common stock of ownership. Dividend payments are not tax-deductible. Capital base can be expanded without incurring contractual debt obligataions . It may be issued to achieve capital structure balance. QUESTION 17 All of the following are provision associated with preferred stock except: Call feature Par Value Standard Deviation Floating Rate
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