What is a dividend?
A) It is the face value of a stock.
B) It is the first time a corporation offers stock for sale to the public.
C) It is the term that describes the sum of the par value of the issued par value stock and the consideration received for the no-par stock.
D) It is an inflated consideration that is in fact less than the par value of a stock.
E) It is a share of the corporation's profits.
Correct Answer:
Verified
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