hich of the following statements regarding stock trading is INCORRECT? A. Stock
ID: 2649882 • Letter: H
Question
hich of the following statements regarding stock trading is INCORRECT?
A. Stock that has priority for dividends and bankruptcy liquidation is called
equity stock.
B. Proxy voting is the voting procedure where shareholders grant authority to
another individual to vote their shares.
C. Capital gains yield is the rate at which the stock price is expected to appreciate.
D. The short alphabetic abbreviation for an exchange-listed stock by which the issue is identified in the market is called the stock's ticker symbol.
A. Stock that has priority for dividends and bankruptcy liquidation is called
equity stock.
B. Proxy voting is the voting procedure where shareholders grant authority to
another individual to vote their shares.
C. Capital gains yield is the rate at which the stock price is expected to appreciate.
D. The short alphabetic abbreviation for an exchange-listed stock by which the issue is identified in the market is called the stock's ticker symbol.
Explanation / Answer
Answer:
A. Stock that has priority for dividends and bankruptcy liquidation is called
equity stock. = INCORRECT
Reason: Stock that has priority for dividends and bankruptcy liquidation is called
Presferred stock
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