Evaluate the Expression ${ } _ { 8 } P _ { 4 }$

question 11

Multiple Choice

Evaluate the expression ${ } _ { 8 } P _ { 4 }$ .

• A) 1680
• B) 4
• C) 2
• D) 70

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Definitions:

Return On Preferred Stock

The dividend paid on preferred stock divided by the price of the preferred stock, representing the earnings returned on investments in preferred shares.

Stock Decreases

A decrease in the market price of a company's shares.

Cumulative Voting

Cumulative voting is a method used in corporate elections, allowing shareholders to allocate their votes in any manner they choose among the candidates, offering minority shareholders a better chance of representation.

Minority Shareholders

Shareholders who own less than 50% of a company's shares and therefore, have less influence over decision making.