A Stock Issued by a Corporation That Has a Capitalization

question 48

Multiple Choice

A stock issued by a corporation that has a capitalization between $2 billion and $10 billion is called a(n) _______ stock.

• A) blue chip
• B) income
• C) micro cap
• D) midcap
• E) penny

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Definitions:

US$

The United States Dollar, the official currency of the United States, represented as USD.

Euro

The official currency of 19 of the 27 European Union countries, which together make up the Eurozone.

Buying Power

The capacity of an individual or company to purchase goods and services, often related to the amount of money available.

CPI

A metric known as the Consumer Price Index evaluates the overall weighted pricing of a range of consumer items and services, covering areas such as healthcare, food, and transportation.