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Nino Finds That He Sets High Standards of Excellence for Himself

question 127

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Nino finds that he sets high standards of excellence for himself and strives to reach those standards. Nino notices that his desire to reach difficult goals and attain high standards seems to increase as previous goals are met. Nino is said to have _____


Definitions:

Redemption Value

Redemption value is the amount payable to a security holder upon its maturity or the amount to redeem a bond before its maturity.

Dividends in Arrears

Unpaid dividends on cumulative preferred stock that must be paid out before any dividends can be issued on common stock.

Dividends in Arrears

Dividends on preferred stock that have not been paid in the scheduled time but are still owed to shareholders.

Stockholders' Equity

The residual interest in the assets of an entity that remains after deducting its liabilities.

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