Choose the letter of the item that best completes the statement or answers the question. 1. Recently, XYZ Corporation, one of the nation's largest corporations, sold several million shares of its stock to the public. How was the stock sold? (a) by mail-order catalog (b) by one or more investment banks (e) over the counter at the corporation's many stores and of- fices (d) all of the above. 2. A year after all its stock was sold, investors are still busily buy- ing and selling shares of XYZ stock. Who receives the money from these sales? (a) the individual owners of XYZ who choose to sell their stock (b) the XYZ Corporation (c) the managers of the XYZ Corporation (d) the stock exchange that handles the sales. 3. Alvin Atwell is buying shares of stock in a retailing corporation be- cause he is convinced that the price of its stock is going to rise very soon. Alvin is a (a) "bear" (b) pessimist (c) careful investor (d) "bull." 4. Millicent Marcus owns 100 shares of the Blue Sea Fishing Company of Portland, Maine. At the end of the year, Blue Sea declares a $1.50 dividend. How will this declaration affect Millicent? (a) Each share of stock will increase in value by $1.50. (b) She will receive a check for $150. (c) She will receive a check for $1.50. (d) It will have no effect at all on Millicent because she lives in Oregon 5. The Securities and Exchange Commission (a) regulates the amount of money and credit in circulation (b) supervises the cleaning of money (c) regulates the sale of stocks and bonds (d) guarantees home mortgages. 6. Stock dividends (a) must be paid to stockholders every year (b) are paid to those who lend the corporation money (c) represent shares of profits and are paid to stockholders (d) are not taxable. 7. Which of the following is true of corporate bonds? (a) They represent a debt of the corporation. (b) They pay bondholders a fixed rate of interest. (c) They promise to repay bondholders a specified amount after a fixed period of time.(d) All of the above.

Question and answer

sell their stock (b) the XYZ Corporation (c) the managers of the XYZ Corporation (d) the stock exchange that handles the sales. 3. Alvin Atwell is buying shares of stock in a retailing corporation be- cause he is convinced that the price of its stock is going to rise very soon. Alvin is a (a) "bear" (b) pessimist (c) careful investor (d) "bull." 4. Millicent Marcus owns 100 shares of the Blue Sea Fishing Company of Portland, Maine. At the end of the year, Blue Sea declares a $1.50 dividend. How will this declaration affect Millicent? (a) Each share of stock will increase in value by $1.50. (b) She will receive a check for $150. (c) She will receive a check for $1.50. (d) It will have no effect at all on Millicent because she lives in Oregon 5. The Securities and Exchange Commission (a) regulates the amount of money and credit in circulation (b) supervises the cleaning of money (c) regulates the sale of stocks and bonds (d) guarantees home mortgages. 6. Stock dividends (a) must be paid to stockholders every year (b) are paid to those who lend the corporation money (c) represent shares of profits and are paid to stockholders (d) are not taxable. 7. Which of the following is true of corporate bonds? (a) They represent a debt of the corporation. (b) They pay bondholders a fixed rate of interest. (c) They promise to repay bondholders a specified amount after a fixed period of time.(d) All of the above.

1. Recently, XYZ Corporation, one of the nation's largest corporations, sold several million shares of its stock to the public: by one or more investment banks.

Question|Asked by WeegH5

Asked 14 days ago|5/13/2022 4:56:52 PM

Updated 5 days ago|5/22/2022 1:50:55 PM

9 Answers/Comments

Get an answer

Search for an answer or ask Weegy.

Choose the letter of the item that best completes the statement or answers the question. 1. Recently, XYZ Corporation, one of the nation's largest corporations, sold several million shares of its stock to the public. How was the stock sold? (a) by mail-order catalog (b) by one or more investment banks (e) over the counter at the corporation's many stores and of- fices (d) all of the above. 2. A year after all its stock was sold, investors are still busily buy- ing and selling shares of XYZ stock. Who receives the money from these sales? (a) the individual owners of XYZ who choose to sell their stock (b) the XYZ Corporation (c) the managers of the XYZ Corporation (d) the stock exchange that handles the sales. 3. Alvin Atwell is buying shares of stock in a retailing corporation be- cause he is convinced that the price of its stock is going to rise very soon. Alvin is a (a) "bear" (b) pessimist (c) careful investor (d) "bull." 4. Millicent Marcus owns 100 shares of the Blue Sea Fishing Company of Portland, Maine. At the end of the year, Blue Sea declares a $1.50 dividend. How will this declaration affect Millicent? (a) Each share of stock will increase in value by $1.50. (b) She will receive a check for $150. (c) She will receive a check for $1.50. (d) It will have no effect at all on Millicent because she lives in Oregon 5. The Securities and Exchange Commission (a) regulates the amount of money and credit in circulation (b) supervises the cleaning of money (c) regulates the sale of stocks and bonds (d) guarantees home mortgages. 6. Stock dividends (a) must be paid to stockholders every year (b) are paid to those who lend the corporation money (c) represent shares of profits and are paid to stockholders (d) are not taxable. 7. Which of the following is true of corporate bonds? (a) They represent a debt of the corporation. (b) They pay bondholders a fixed rate of interest. (c) They promise to repay bondholders a specified amount after a fixed period of time.(d) All of the above.

New answers

Rating