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- Define each of the following terms: a. Optimal distribution policy b. Dividend irrelevance theory; bird-in-the-hand theory; tax effect theory c. Signaling hypothesis; clientele effect d. Residual distribution model; extra dividend e. Declaration date; holder-of-record date; ex-dividend date; payment date f. Dividend reinvestment plan (DRIP) g. Stock split; stock dividend; stock repurchaseThe dividend yield rate is equal to the dividends per share divided by the par value per share of common stock. Group of answer choices True FalseWhich of the statements is NOT TRUE about the yield of a stock?a) It is comprised of dividend yield + capital gains yieldb) Dividend yield is equal to dividend per share divided by the purchase price of the stockc) Capital gains yield is the increase in the price of the stockd) Capital gains yield is the increase in price with respect to the purchase price divided by the purchase price
- The cost of preferred stock: a. is equal to the dividend yield b. is independent of the stock's price c. is equal to the YTM d. depends on dividend's growth rateDefine each of the following terms:a. Target payout ratio; optimal dividend policyb. Dividend irrelevance theory; bird-in-the-hand fallacyc. Information content (signaling) hypothesis; clienteles; clientele effectd. Catering theory; residual dividend modele. Low-regular-dividend-plus-extrasf. Declaration date; holder-of-record date; ex-dividend date; payment dateg. Dividend reinvestment plan (DRIP)h. Stock split; stock dividendi. Stock repurchaseWhen treasury stock is purchased for more than the par value of the stock and the cost method is used to account for treasury stock, what account(s) should be debited?Required to answer. Single choice. a. Treasury stock for the par value and retained earnings for the excess of the purchase price over the par value b. Treasury stock for the purchase price c. Treasury stock for the par value and paid-in capital in excess of par for the excess of the purchase price over the par value d. Paid-in capital in excess of par for the purchase price
- Dividends in arrears pertain to non-cumulative preferred stock. True or FalseExplain the significance of par value. Does par value indicatethe reasonable market price for a share of stock? Explain.Preferred Dividend formula = Par value * Rate of Dividend * Number of Preferred Stocks. can u explain this formula in more detail and provide an example?
- If the stock makes a dividend payment before the expiration date, then the put-call parity relation is Value of call = value of put − share price + PV of dividend − PV of exercise price. None of the above. Value of call = value of put + share price + PV of dividend + PV of exercise price. Value of call = value of put + share price − PV of dividend − PV of exercise price. Value of call = value of put + share price + PV of dividend − PV of exercise price.circumstance the Dividend Discount Model (DDM) cannot be used to determine the price of a stock4. Define the following terms. Signaling hypothesis; clientele effect Residual distribution model; extra dividend Declaration date; holder-of-record date; ex-dividend date; payment date Dividend reinvestment plan (DRIP) Stock split; stock dividend; stock repurchase
