金融市场与机构 (11)

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1、Chapter11TheStockMarket143Chapter11TheStockMarketnMultipleChoiceQuestions1.(I)Ashareofcommonstockinafirmrepresentsanownershipinterestinthatfirm.(II)Ashareofpreferredstockisasmuchlikeabondasitislikecommonstock.(a)(I)istrue,(II)false.(b)(I)isfalse,(II)true.(c)Botharetrue.(d)Bot

2、harefalse.Answer:C2.Preferredstockholdersholdaclaimonassetsthathaspriorityovertheclaimsof(a)bothcommonstockholdersandbondholders.(b)neithercommonstockholdersnorbondholders.(c)commonstockholders,butafterthatofbondholders.(d)bondholders,butafterthatofcommonstockholders.Answer:C

3、3.(I)Preferredstockholdersholdaclaimonassetsthathaspriorityovertheclaimsofcommonstockholders,butafterthatofbondholders.(II)Firmsissuepreferredstockinfargreateramountsthancommonstock.(a)(I)istrue,(II)false.(b)(I)isfalse,(II)true.(c)Botharetrue.(d)Botharefalse.Answer:A4.(I)Pref

4、erredstockholdersholdaclaimonassetsthathaspriorityovertheclaimsofcommonstockholders.(II)Bondholdersholdaclaimonassetsthathaspriorityovertheclaimsofpreferredstockholders.(a)(I)istrue,(II)false.(b)(I)isfalse,(II)true.(c)Botharetrue.(d)Botharefalse.Answer:CChapter11TheStockMarke

5、t1435.(I)Firmsissuecommonstockinfargreateramountsthanpreferredstock.(II)Thetotalvolumeofstockissuedismuchlessthanthevolumeofbondsissued.(a)(I)istrue,(II)false.(b)(I)isfalse,(II)true.(c)Botharetrue.(d)Botharefalse.Answer:C6.Theriskiestcapitalmarketsecurityis(a)preferredstock.(

6、b)commonstock.(c)corporatebonds.(d)Treasurybonds.Answer:B7.Organizedexchangesaccountforabout_________percentofthetotaldollarvolumeofdomesticstocksharestraded.(a)30(b)45(c)60(d)70Answer:D8.Organizedexchangesaccountforabout_________percentofthetotaldollarvolumeofdomesticstockst

7、raded.(a)60(b)70(c)80(d)90Answer:B9.(I)ThelargestoftheorganizedstockexchangesintheUnitedStatesistheNewYorkStockExchange.(II)TobelistedontheNYSE,afirmmusthaveaminimumof$100milliondollarsinmarketvalueor$10millioninrevenues.(a)(I)istrue,(II)false.(b)(I)isfalse,(II)true.(c)Bothar

8、etrue.(d)Botharefalse.Answer:A10.TolistontheNYSE,afirmmust(a)haveear