Equities Flashcards
1
Q
Cumulative voting
A
Number of shares X Number of Board of Directors to be chosen
-These votes can be placed for 1 director or in any random fashion
2
Q
Current Yield
Preferred Stock
A
Annual Income/Market Price
3
Q
Market Price
Preferred Stock
A
Annual Income/Market Yield
4
Q
P/E Ratio
A
Market Price of Security / Earnings per Share
5
Q
Value “Ex Rights”
A
(Adjusted Market Price - Subscription Price) / N
6
Q
Conversion ratio
A
Par value / Conversion Price
