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Cumulative
Credible
None of the above
Question 12. 12. (TCO 5) A very safe investment that generally attracts
conservative investors is called a(n) _____ stock.
penny
cyclical
growth
small cap
blue chip
Question 13. 13. (TCO 5) All of the statements below are false except
corporations are required by law to report all activities to their
stockholders each month.
stockholders may vote only by proxy.
stockholders must approve the sale of all goods and services by the
company.
corporations are required by law to have two stockholder meetings
each year.
stockholders must approve major changes to corporate policies.

Question 14. 14. (TCO 5) Assume that you purchased a $1,000 Exxon
bond that pays 8.5% interest. What is the amount of interest you would
receive every 6 months?