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Irene is a salesperson for Pro,a company selling sports and driving gear.Irene begins her meeting with a prospect by saying,"Driving an 18-wheel truck eight hours a day must be hard on you physically,but you can reduce some of that fatigue by putting this special cushion in your truck seat," and she hands a sample to her prospect.Irene is using the _____ opening.
Stated Dividend
A fixed amount declared by a company's board of directors that is paid to shareholders, typically on preferred stock.
Par Value
The face value of a bond or a stock or the stated value per share, setting the minimum price at which shares can be issued.
Preferred Stock
Preferred Stock is a class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividends.
Stock Dividend
A payment made by a corporation to its shareholders in the form of additional shares, rather than cash, based on the proportion of shares they already own.
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