A Transfer Agent

question 34

Multiple Choice

A transfer agent:

• A)keeps the stockholder list and, from time to time, determines the shareholders eligible to receive dividends.
• B)handles the exchange of shares, canceling the shares surrendered by sellers and issuing new certificates.
• C)records notes and bonds payable.
• D)makes investment decisions for an entity.

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Definitions:

Strip

A strategy in bond investing or a derivative trading term where a bond's interest payments and principal repayments are separated and sold as individual zero-coupon securities.

Patent Hearing

A judicial proceeding to resolve disputes related to the validity or infringement of patents.

Bullish

An optimistic viewpoint on the market or a particular stock, expecting prices to rise.

Strap

A trading strategy involving the purchase of two call options and one put option with the same strike price and expiration date, expecting a large move in the underlying asset.