chapter 8 connect

An agent who arranges a transaction between a buyer and a seller of equity securities is called a:

Broker

An agent who maintains an inventory from which he or she buys and sells securities is called a:

Dealer

Which one of the following rights is never directly granted to all shareholders of a publicly held corporation?

Determining the amount of dividend to be paid per share

A securities market primarily composed of dealers who buy and sell for their own inventories is referred to which type of market?

Over the counter

Which one of the following is a type of equity security that has a fixed dividend and a priority status over other equity securities?

Preferred stock

Which one of the following represents the capital gains yield as used in the dividend growth model?

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