RSM100Y1 : summary/guide

101 views10 pages
17 Jun 2011
School
Department
Course
Professor

Document Summary

Stocks and bonds, which represent a secured asset based claim on the part of investors, which are bought and sold. Dominion securities: secondary market (sale/purchase of previously issued stocks/bonds) Market value current price of a share the secondary securities market; the real value. Book value the value that shows up on your books/the actual price, not market = total stockholder"s equity divided by the number of shares of stocks (outstanding) Par value the arbitrary value of a stock set by the board of directors and stated on stock certificates used by accountants but not investors. Market capitalization the dollar value/market value of stocks listed on a stock exchange (number of company shares outstanding x the value of each share) Callable shares when the firm can buy back the preferred shares for a call price. In 2008, smyth buys a share for , and one year later it is worth . 75.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents