BUSN 380 study Great Stories/busn380study.com BUSN 380 study Great Stories/busn380study.com | Page 81

Voting rights
Proxy
Equity
Dividends
None of the above
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