Answer:The answer is a
Explanation: did the assignment
The preferred stock effect is not a notion that can be used to explain abnormally high excess stock returns.
<h3>What is the preferred stock?</h3>
The term "stock" refers to a company's ownership or equity. Common stock and preferred stock are the two forms of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of each preferred stock vary depending on the issuance.
When it comes to dividends, preferred stockholders have a preference over ordinary stockholders, which typically yield more than common shares and might be paid monthly or quarterly. These dividends can be fixed or determined by reference to a benchmark interest rate, such as the London Interbank Offered Rate.
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Answer:
C. a retail communication
Explanation:
FINRA is a non governement corporation that enable investor or firm to participate in the market by safeguarding their rights. It has been divided into two category:
- correspondence
- retail communication.
Correspondence: It is a communication to 25 or less existing client or prospective clients. Under correspondence, Institutional communication and public appearances are not subject to pre principal approval.
Retail communication: It is communication to more than 25 existing client or prospective client, excluding institutional communication and public appearance.
In the given case, It is a communication to 30 retail clients, therefore is a retail communication
Answer:
the answer is a
Explanation:
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Answer:
b. False
Explanation:
The tax payer has incorrectly deducted depreciation expense from his income which resulted in a lower tax being paid. Deductions reduce the tax and lesser income is taxed if deductions are incorrectly classified. The income taxed in this case will be from a lower tax bracket due to wrong deduction of depreciation expense of $5,000 and taxable income was reduced by $5,000 in 2019.