Between 2001 and 2005, Sub-Prime (Including Atl-A) Mortgages ____________ as a Share

question 150

Multiple Choice

Between 2001 and 2005, sub-prime (including Atl-A) mortgages ____________ as a share of the total.

• A) fell from 30 percent to less than 10 percent
• B) rose from 5 percent to 10 percent
• C) rose from 10 percent to more than 30 percent
• D) fell from more than 20 percent to less than 10 percent

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Definitions:

Treasury Stock

Shares that were issued and later reacquired by the issuing company, reducing shareholders' equity and outstanding shares.

Cash Dividend

A payment made by a company out of its earnings to shareholders, distributing profits in the form of cash.

Journal Entries

The method by which financial transactions are recorded in an accounting system, typically involving a debit to one or more accounts and a credit to another in equal amounts.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.