A firm issued 10,000 shares of $2 par-value common stock, receiving proceeds of $40 per share. The amount recorded for the paid-in capital in excess of par account is ______.
Answer 1
$380,000
Bonds which sell at less than face value are priced at a ______,
while bonds which sell at greater than face value sell at a
______.
Answer 2
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____________. is upward-sloping and indicates generally cheaper
short-term borrowing costs than long-term borrowing costs.
Answer 3
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The attempt by a non-management group to gain control of the
management of a firm by soliciting a sufficient number of proxy
votes is called a________
Answer 4
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A firm has an outstanding issue of 1,000 shares of preferred stock
with a $100 par value and an 8 percent annual dividend. The firm
also has 5,000 shares of common stock outstanding. If the stock is
cumulative and the board of directors has passed the preferred
dividend for the prior two years, how much must the preferred
stockholders be paid prior to paying dividends to common
stockholders at the end of third year
Answer 5
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______ are popular vehicle used to finance mergers and
takeovers.
Answer 6
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A common approach of estimating the variability of returns
involving the forecast of pessimistic, most likely, and optimistic
returns associated with an asset is called
Answer 2
Bonds which sell at less than face value are priced at a discount, while bonds which sell at greater than face value sell at a Premium.
Answer 3
Yield Curve is upward-sloping and indicates generally cheaper short-term borrowing costs than long-term borrowing costs.
Answer 4
The attempt by a non-management group to gain control of the management of a firm by soliciting a sufficient number of proxy votes is called a Proxy Bettle
Answer 5
Amount paid to Preferrred Stoock holders = Past Two Years Dividend+Current year Dividend
= 24%
that means Dividend to be paid to prefred stockholder= $100*24% = $24*1000shares = $24000
Answer 6
A common approach of estimating the variability of returns involving the forecast of pessimistic, most likely, and optimistic returns associated with an asset is called Sensitivity analysis.
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