Stock Priority

Please choose the most appropriate answer for each sentence.
  • 1

    .....-preferred stock is a preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock.

  • 2

    ..... earnings per share were calculated according to IAS 33.24 by dividing net income by the average number of shares outstanding, less treasury stock and include the effect of outstanding options, taking into account the share price at the balance sheet date.

  • 3

    In order to become a ....., a person must pass the General Securities Representative Exam (also known as the 'series 7 exam').

  • 4

    The standard U.S. ..... tax return is Form 1040, and U.S. citizens and residents who realize gross income in excess of a specified amount (adjusted annually for inflation) are required by law to file Federal income tax returns (and pay remaining income taxes if applicable).

  • 5

    The net book value of an asset will never fall below the salvage value (the estimated value of the asset at the end of its useful life), meaning that once an asset is fully ....., no further expenses will be taken during its life.

  • 6

    A ..... is a straight line that connects two prominent peaks or troughs in the price action of an underlying tradable; no other price action must penetrate the line between the two start points, and in this way it marks a support or resistance area where price has turned and has not been violated.

  • 7

    So-called ..... stock is between voting and nonvoting stock; its holders may vote only on specific questions or on some corporate matters, but not on the election of the board of directors.

  • 8

    ..... CD pays the holder a fraction of any fall in a given market index.

  • 9

    ..... number, whose system is owned by the American Bankers Association and operated by Standard & Poor's, consists of nine characters and identifies most securities, including stocks of all registered U.S. and Canadian companies, as well as U.S. government and municipal bonds.

  • 10

    MON SEP 10, 2007: The Fed may not touch the fed ..... rate out of concern that a cut could feed inflationary pressures and weaken the dollar; instead, Fed policy-makers might offer up more of the same medicine they did on August 17, when they surprised markets by cutting the less-used discount rate.

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