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RSB [31]
2 years ago
7

The first two numbers of the ABA code listed on the check represent the

Social Studies
1 answer:
Alenkasestr [34]2 years ago
6 0



<span>a. Federal Reserve District.
</span>
It is a type of security that the corporation issues to raise money for capital or operating expenses. Stocks, issued to investors, signify ownership in a corporation and represent a claim on part of the corporation's<span> assets and earnings. 

There are two main types of </span>stock. These<span> are common stock  and preferred stock.

Common Stocks are </span><span>shares entitling their holder to dividends that vary in amount and may even be missed, depending on the fortunes of the company.

Preferred Stocks are shares </span><span>that entitle the holders to fixed dividends, whose payments take priority over that of common-stock dividends.
</span>
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