公司理财英文版题库6.docx

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CHAPTER 6
Stock Valuation
I. DEFINITIONS
GROWING PERPETUITY
a 1. An asset characterized by cash flows that iic
b. cumulative
c. straight
d. deferred
e. proxy
Difficulty level: Easy
STRAIGHT VOTING
c 9. The voting procedure where you must own 50% plus one of the outstanding shares of stock to guarantee that you will win a seat on the board of directors is called _____ voting.
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a. democratic
b. cumulative
c. straight
d. deferred
e. proxy
Difficulty level: Easy
PROXY VOTING
e 10. The voting procedure where a shareholder grants authority to another individual to vote his/her shares is called _____ voting.
a. democratic
b. cumulative
c. straight
d. deferred
e. proxy
Difficulty level: Easy
PREEMPTIVE RIGHTS
b 11. Preemptive rights refer to the right of shareholders to:
a. share proportionately in dividends paid.
b. share proportionately in any new stock issues sold.
c. share proportionately in liquidated assets.
d. vote at annual shareholder meetings.
e. override the votes of other shareholders.
Difficulty level: Medium
DIVIDENDS
c 12. Payments made by a corporation to its shareholders, in the form of either cash, stock or payments in kind, are called:
a. retained earnings.
b. net income.
c. dividends.
d. redistributions.
e. infused equity.
Difficulty level: Easy
PRIMARY MARKET
e 13. The market in which new securities are originally sold to investors is called the _____ market.
a. dealer
b. auction
c. over-the-counter
d. secondary
e. primary
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Difficulty level: Easy
SECONDARY MARKET
d 14. The market in which previously issued securities are traded among investors is called the _____ market.
a. dealer
b. auction
c. over-the-counter
d. secondary
e. primary
Difficulty level: Easy
DEALER
e 15. An agent who buys and sells securities from inventory is called a:
a. broker.
b. trader.
c. capitalist.
d. principal.
e. dealer.
Difficulty level: