The answer for this question would be you will both go to
the store on the same day in 20 days. The reason behind this is you go every 4
days so at the time you go on your fifth round of those 4 days it would be your
friend's 2nd time shopping in your friend's 10 shopping days.
According to the given statement Lindsey holt purchased preferred stock.
The correct option is B.
<h3>What is the preferred stock?</h3>
Preferred stock, which is a component of share capital and is commonly referred to as a combination indicator, is an asset that has any combination of features that common shares does not, such as those of an equity and a promissory note.
<h3>How do preferred stocks work?</h3>
securities with a repaired par value that pays dividends at a fixed rate, generally based on a proportion of the par value. The market price of preferred shares, like bonds, is dependent on changes in interest rates. When interest rates rise, the value of the preferred stock falls.
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I understand that the question you are looking for is:
Lindsey Holt owns stock in the Galloway Gems Company. She knows in advance that the dividend on this stock is a $1.50 per share and that it is a promised or contractual and constant dividend . Given this, you know for sure that she purchased which type of stock?
A. Green chip
B. Preferred
C. Penny
D. Uncommon
E. Growth
In the stock exchange market, a firm does receives the proceeds from the sale of its securities in the primary market.
<h3>What is
primary market in stock exchange market?</h3>
Basically, the primary market is the market where securities are created and sold to the public by various firms.
In this market, different firm sells new stocks, bonds etc to the public for the first time.
In conclusion, in the stock exchange market, a firm does receives the proceeds from the sale of its securities in the primary market.
Read more about primary market
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