Answer Happy

A strong incentive to a corporation to meet preferred stock
dividend payments is provided by the ___________ feature of some
preferred stocks.
a.
Cumulative
b.
Convertible
c.
Callable
d.
All of the above
The difference between a general obligation and a revenue bond
is:
a.
The general obligation bond is backed by full faith, credit, and
“taxing power” of the governmental unit
b.
That for a revenue bond, the repayment of the issue is fully
dependent on the revenue-generating capability of a specific
project or venture
c.
General obligation bonds are usually of high quality because of
the taxing power behind most of them
d.
All of the above