【正文】 dual who trades on the floor of an exchange for his or her personal account.C.17.specialist.C.18.SuperDOT.C.19.independent broker.C.20.market maker.C.s stream.box office.B.trading booth.E.A.daily opening bid and asked quotes.E.A.SEATE.A.Decrease in the expected dividend for next yearE.A.D1 180。26.$ 180。$ 180。$ 180。A.Dividend yield capital gains yieldE.Donuts Delite just paid an annual dividend of $ a share. The firm expects to increase this dividend by 8 percent per year the following 3 years and then decrease the dividend growth to 2 percent annually thereafter. Which one of the following is the correct putation of the dividend for year 7? 4)B.($) ()3 ()4D.Aardvark, Inc. pays a constant annual dividend. At the end of trading on Wednesday, the price of its stock was $28. At the end of trading on the following day, the stock price was $27. As a result of the decline in the stock39。 remained constantB. increasedD. decreasedDividend yieldB.Book value per shareI onlyB.I, II, III, and IVI onlyB.II and IV onlyNondividendpaying stockB.Stock with growing dividends for a limited period of time20 percent of the shares plus one voteB.51 percent of the shares plus one voteif there are two open seats, then the candidate with the highest number of votes and the candidate with the lowest number of votes will be selected.B.the firm39。A.Dividends are taxfree ine for individual investors.E.A.Bondholders generally receive a fixed payment while preferred shareholders receive a variable payment.E.A.be able to choose the timing and amount of any future dividends.E.A.On the date of recordE.A.Paid out of aftertax profitsD.You have agreed to pay a five percent mission to your best friend if he can locate a buyer for your car. This arrangement is most similar to the pensation arrangement for which one of these individuals who is involved with the stock market?Market makerD.To be a member of the NYSE, you must:own a trading license.D.Which one of the following players on the floor of the NYSE is obligated to maintain a fair, orderly market for a limited number of securities?$2 brokerD.The NYSE:is in the business of attracting order flow.D.Which one of the following parties on the NYSE floor post bid and asked prices?Floor brokersD.Many of the smaller sell orders sent to the floor of the NYSE are:electronically transmitted to the specialists.D.If a trade is made in the crowd, the trade has occurred:electronically on NASDAQ.D.The more actively traded large panies that are listed on NASDAQ are traded in which one of the NASDAQ markets?RegionalD.Which one of the following features applies to NASDAQ but not the NYSE?SuperDotD.Companies can list their stock on which one of the following without having to meet listing requirements or filing financial statements with the SEC?Pink sheetsD.Keller Metals mon stock is selling for $36 a share and has a dividend yield of percent. What is the dividend amount?$D.The Glass Ceiling paid an annual dividend of $ per share last year. Management just announced that future dividends will increase by percent annually. What is the amount of the expected dividend in year 5?$D.The Pancake House pays a constant annual dividend of $ per share. How much are you willing to pay for one share if you require a 15 percent rate of return?$D.Shoreline Foods pays a constant annual dividend of $ a share and currently sells for $ a share. What is the rate of return? percentD.The mon stock of Green Garden Flowers is selling for $24 a share. The pany pays a constant annual dividend and has a total return of percent. What is the amount of the dividend?$D.Healthy Foods just paid its annual dividend of $ a share. The firm recently announced that all future dividends will be increased by percent annually. What is one share of this stock worth to you if you require a 14 percent rate of return?$D.Plastics, Inc. will pay an annual dividend of $ next year. The pany just announced that future dividends will be increasing by percent annually. How much are you willing to pay for one share of this stock if you require a 16 percent return?$D.The Printing Company stock is selling for $ a share based on a 14 percent rate of return. What is the amount of the next annual dividend if the dividends are increasing by percent annually?$D.The mon stock of MidTowne Movers is selling for $33 a share and has a 9 percent rate of return. The growth rate of the dividends is 1 percent annually. What is the amount of the next annual dividend?$D.Delphin39。 percentC.61.$C.62.$C.63.$B.$$B.$ percentB. percent$B.$$B.$$B.$$B.$$B.$$B.$$B.$$B.$$B.$$B.$ percentB. percent percentB. percent percentB. percent percentB. percent percentB. percent percentB. percent percentB. percent percentB. percent36,001 sharesB.42,001 shares3,334 sharesB.6,251 sharesA.$222,777E.s board of directors if there are three open seats?3,876 sharesD.Kathryn owns 18,700 shares of Global Importers. Her shares have a total market value of $787,270. In total, the firm has 65,000 shares outstanding. Each share is entitled to one vote under the straight voting policy of the firm. The next election is in four months at which time two directors are up for election. How much more must Kathryn invest in this firm to guarantee that she is elected to the board?$581,022D.A preferred stock sells for $ a share and has a market return of percent. What is the dividend amount?$D.Central Staircase is offering preferred stock which is monly referred to as 1010 stock. This stock will pay an annual dividend of $10 a share starting 10 years from now. What is this stock worth to you tod