金融市场学双语题库及答案(第十三章)米什金《金融市场与机构》.docx

Financial Markets and Institutions, 8e (Mishkin) Chapter 13 The Stock Market 13.1 Multiple Choice 1) (I) A share of common stock in a firm represents an ownership interest in that firm. (II) A share of preferred stock is as much like a bond as it is like common stock. A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false. Answer: C Topic: Chapter 13.1 Investing in Stocks Question Status: Previous Edition 2) Preferred stockholders hold a claim on assets that has priority over the claims of A) both common stockholders and bondholders. B) neither common stockholders nor bondholders. C) common stockholders, but after that of bondholders. D) bondholders, but after that of common stockholders. Answer: C Topic: Chapter 13.1 Investing in Stocks Question Status: Previous Edition 3) (I) Preferred stockholders hold a claim on assets that has priority over the claims of common stockholders, but after that of bondholders. (II) Firms issue preferred stock in far greater amounts than common stock. A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false. Answer: A Topic: Chapter 13.1 Investing in Stocks Question Status: Previous Edition 4) (I) Preferred stockholders hold a claim on assets that has priority over the claims of common stockholders. (II) Bondholders hold a claim on assets that has priority over the claims of preferred stockholders. A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false. Answer: C Topic: Chapter 13.1 Investing in Stocks Question Status: Previous Edition 5) (I) Firms issue common stock in far greater amounts than preferred stock. (II) In a given year, the total volume of stock issued is much less than the volume of bonds issued. A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false. Answer: C Topic: Chapter 13.1 Investing in Stocks Question Status: Previous Edition 6) The riskiest cap