Investments: FIN403
Q.1. Why would a corporate investor consider preferred stock over a bond? What is meant by the cumulative feature of preferred stock issues? ( 2 Marks)
Q.2. What does the strong form of the efficient market hypothesis suggest? Are major test results generally supportive of the strong form? ( 2 Marks )
Q.3. What might a high dividend-payout ratio suggest to an analyst about a company’s growth prospects? ( 1 Mark)
DETAILED ASSIGNMENT