题目内容

Preferred stocks are similar to bonds except that ______.

A. they don't have face value.
B. they don't have interest.
C. they don't have maturity date.
D. they don't have a scheduled maturity date and dividends may remain unpaid for a long time.

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A company that has the use of a vehicle upon payment of a sum of money on a regular basis

A. factoring
B. hire purchase
C. leasing
D. installment credit

A member of the IMF could withdraw large amounts of money if ______.

A. it has reduced its quota.
B. it has deposited a large quota.
C. it has increased its quota.
D. it has paid tile quota in gold.

If a security bears face value, maturity date and coupon rate, we call it a ______.

A. stock
B. bond
C. coupon
D. preferred stock

Coupon rate on newly issued bonds closely follow the level of interest rates in the economy and ______.

A. change as the interest level changes.
B. will not change once it is set.
C. change as the market price of the bond changes.
D. change according to its maturity date.

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