A preferred shareholder
a. receives a stated dividend yield if profits are sufficient
b. can vote at shareholder meetings on important corporate matters
c. can vote at shareholder meetings only on the election of the members of the board of directors
d. can convert his or her shares into common shares
e. receives a dividend before bondholders receive anything
A
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In 2016, ________ of the uninsured were younger than age 35
A) about 10 percent B) less than one-third C) over half D) almost 85 percent
Use the following table, which shows the demand schedule faced by Ninaskets, a pure monopoly selling baskets, to answer the next question.PriceNumber of Baskets Sold$203185167141012151030What is the change in total revenue if the pure monopoly raises the price from $10 to $12?
A. +$120 B. -$300 C. -$120 D. +$300