A Stock That Sells for $5 or Less Per Share

question 123

Multiple Choice

A stock that sells for $5 or less per share is called a ________ stock.

• A)fractional
• B)penny
• C)dollar
• D)ten-dollar
• E)coin

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Definitions:

Percentage Form

A way of expressing numbers as a fraction of 100, symbolized by the percent sign (%).

Sticker Price

The full retail price of a vehicle, as displayed on a sticker in the car's window; commonly used to refer to the initial asking price of goods.

GST

The Goods and Services Tax is a form of value-added tax applied to almost all goods and services purchased for use within the nation.

PST

Provincial Sales Tax; a tax levied by certain provinces in Canada on the sale of goods and services.