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Characters or Symbols That Perform Operations on One or More

question 40

Multiple Choice

Characters or symbols that perform operations on one or more operands are:


Definitions:

Dividends In Arrears

Outstanding dividends on cumulative preferred stock that have not been paid by the designated payment date.

Cumulative Preferred Stock

A type of preferred stock that entitles shareholders to receive dividends in arrears before any dividends can be distributed to common stockholders.

Guaranteed Dividends

Dividends that are promised by a corporation to preferred shareholders, payable before any dividends are given to common shareholders.

Par Value

The nominal or face value assigned to a share of stock or a bond, used in legal documents and usually unrelated to market value.

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