A dividend is:
A. an agreement in which a lender gives money to a borrower in exchange for a promise to repay the amount loaned plus an agreed-upon amount of interest.
B. a financial asset that represents partial ownership of a company.
C. a payment made periodically to all shareholders of a company.
D. a promise by the bond issuer to repay the loan, at a specified maturity date, and to pay periodic interest at a specific percentage rate.
Answer: C
You might also like to view...
Which of the following is not a determinant of a good's price elasticity of demand?
A) the slope of the demand curve B) whether the good is a luxury or a necessity C) the share of the good in the consumer's total budget D) the passage of time
Economic theory
a. is a deliberate simplification of factual relationships. b. seeks to disprove a hypothesis. c. is based mainly on assumptions. d. seeks to prove political ideals.