Table 6.1 Assume the Below Information to Answer the Following Question(s)

question 79

Multiple Choice

Table 6.1
Assume the below information to answer the following question(s) .
-Based on the table 6.1,the bond price quotation is for a ________ bond.

• A)Treasury
• B)municipal
• C)tax-free
• D)corporate

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Definitions:

Dividend Reinvestment Plans

Programs offered by corporations that allow investors to automatically reinvest their cash dividends in additional shares of the company's stock on the dividend payment date.

Preferred Stock

A type of stock that typically pays dividends at a fixed rate and has priority over common stock in terms of dividend payments and assets in the event of liquidation.

Ex-dividend Date

The date on which the buyer of a stock is not entitled to the next dividend payment. After this date, the stock sells without its dividend rights.

Declaration Date

The specific date on which a company's board of directors announces its next dividend payment.