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NEW QUESTION 28
Which of the following has the greatest risk?
Answer: C
Explanation:
a guaranteed corporate bond. All of the other securities are obligations of the US government, which is considered to have minimal or no risk.
NEW QUESTION 29
Who owns a corporation?
Answer: C
Explanation:
the holders of common stock and the holders of preferred stock. The holders of all classes of stock are the owners. Each stock class has separate privileges, but all represent ownership. Even if the government is an owner, it holds shares of stock.
NEW QUESTION 30
The Bubba Corporation is offering stock to the public for the first time. The registration statement lists 150,000 shares for sale at $400 per share. The company conducts business in a 100-mile radius that includes towns in two neighboring states.
Which of the following information is not required in the preliminary prospectus for this offering?
Answer: C
Explanation:
the price at which the issue is offered. The offering price is usually determined on the offering date and does not normally appear in the preliminary prospectus.
NEW QUESTION 31
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