U.S. Banks Have Grown Primarily Through _____

question 9

Multiple Choice

U.S. banks have grown primarily through _____

• A) The United States' long-standing preference for big banks.
• B) surviving banks buying up bankrupt banks.
• C) excellent customer service.
• D) mergers and acquisitions.
• E) deposit insurance policy.

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Definitions:

Basic Earnings

Net income divided by the number of outstanding shares, representing a company's profit allocated to each share of stock.

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of shares of the company's stock.

Participating Preferred Stock

Preferred shares that offer the holder the advantage of receiving dividends equal to the common shares when the company performs well financially.

Mandatorily Redeemable

Describes financial instruments or securities that the issuer is obligated to buy back from holders at a predetermined date or upon the occurrence of certain events.