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A Share of Stock Resembles a Consol in All of the Following

Question 55

Multiple Choice

A share of stock resembles a consol in all of the following ways except that the:


A) share of stock does not have a maturity date.
B) annual dividend the stock pays resembles the coupon on a consol.
C) prices of both can be computed using a variation of the net present value formula.
D) are both residual claims.

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