INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 12

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-You would expect to receive an annual dividend of [$0.16 | $0.70] per share.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them a part of the ownership of the company and potentially a claim on part of its assets and earnings.

Municipal Bond

A debt security issued by municipalities to finance their capital expenditures, typically tax-exempt for investors.

Government Bonds

Securities issued by a government to finance its expenditures, offering a fixed interest rate over a certain period.

Federal Income Tax

A charge imposed by the US federal government on the yearly income of persons, companies, trusts, and other entities.