Question 10. Question:( TCO 5) If Orlando Blodgett is buying the stock of the Getaway Caribbean Cruise Company. If he buys the stock today, knowing it is the first day it is selling without the dividend for this quarter, on what date is Orlando buying the stock?
Record date Sale date Payment date Ex dividend date None of the above
Question 11. Question:( TCO 5) Bill Affleck is interested in buying preferred stock, but to be protected if the company needs to omit a dividend payment. He wants any unpaid dividends to accumulate and be paid before any common stock dividends are paid. Which one of these features of preferred stock is Bill seeking?
Convertible Callable Cumulative Credible None of the above
Question 12. Question:( TCO 5) A very safe investment that generally attracts conservative investors is called a( n) _____ stock.
penny cyclical