Dividend Policy Changes Are Decided By

question 22

Multiple Choice

Dividend policy changes are decided by:
i.the managers of a firm; II) the government; III) the board of directors

• A)I only
• B)II only
• C)III only
• D)I and II only

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Definitions:

Graphically

Refers to representing data or models visually using graphs or charts.

Spread

Compensation to the underwriter, determined by the difference between the underwriter’s buying price and offering price. Also, the gap between the interest rate a bank pays on deposits and the rate it charges on loans.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percent rate.

Bank Deposits

Funds that are placed into banking institutions for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.