________ Is an Option for Buying Stock If You Can't

question 39

Multiple Choice

________ is an option for buying stock if you can't afford a full share.

• A)Coop investment club
• B)Dividend reinvestment plan (DRIP)
• C)Penny stock
• D)Over-the-counter stock

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Definitions:

Stock Listing

Refers to the inclusion of a company's shares on a stock exchange where they can be bought and sold by investors.

Closing Price

The final price at which a security is traded on a given trading day, marking the last recorded trading price for that day.

Convertible Preferred Stock

Preferred shares that can be converted into a predetermined number of a company's common shares, usually at the shareholder's discretion.

Common Stock

A form of corporate equity ownership, a type of security that represents an ownership interest in a corporation, entitling the holder to a share of the company's profits.