Plans That Call for the Automatic Reinvestment of Shareholder Cash

question 74

Multiple Choice

Plans that call for the automatic reinvestment of shareholder cash dividends in more shares of the company stock are called ________.

• A)DRIPs
• B)ACORNs
• C)STRIPs
• D)IPOs

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Definitions:

NORM.DIST

A function in statistics that returns the normal distribution for a specified mean and standard deviation.

Standard Error

The standard deviation of the sampling distribution of a statistic, often used to estimate the precision of a sample mean.

Population Standard Deviation

A measure of the dispersion of a set of data values from their mean, calculated for the entire population.

Sample Size

The number of observations or items selected from a population to constitute a sample for the purpose of statistical analysis.