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company actions. Which one of the following best characterizes this
responsibility?
Voting rights
Proxy
Equity
Dividends
None of the above
Question 10. 10. (TCO 5) Beverly Frickel purchased 100 shares of
Gleason Systems stock for $32.50 per share. Her commission for this
purchase was $25. She sold the stock 2 years later for $45 per share
and a commission of $40. While she held the stock it paid a dividend of
$1.50 per share. What was Beverly's total dollar return on this stock?
$1,355
$1,335
$65
$1,375
$1,400
Question 11. 11. (TCO 5) Bill Affleck is interested in buying preferred
stock, but to be protected if the company needs to omit a dividend
payment. He wants any unpaid dividends to accumulate and be paid
before any common stock dividends are paid. Which one of these
features of preferred stock is Bill seeking?
Convertible
Callable