Which of the Following Would You Expect to Find in the General

question 25

Multiple Choice

Which of the following would you expect to find in the general bylaw of a corporation?

• A) an employment contract
• B) the memorandum of association
• C) a resolution issuing shares of the corporation
• D) the rules for calling shareholder meetings
• E) the characteristics of the shares of the corporation

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Definitions:

Coupon Rate

The interest rate stipulated on a bond or fixed-income security that the issuer pays to the holders periodically until maturity.

Current Yield

The annual income (interest or dividends) divided by the current price of the security, expressed as a percentage.

Yield to Maturity

The total return anticipated on a bond if held until it matures, including both interest payments and the appreciation or depreciation of the bond's value.

Coupon Rate

The interest rate stated on a bond or other fixed income security that the issuer promises to pay annually or semi-annually.