Which of the following is a primary market transaction? a. you buy 200 shares of ibm stock from your brother. the trade is not made through a broker; you just give him cash and he gives you the stock. b. ibm issues 2,000,000 shares of new stock and sells them to the public through an investment banker. c. one financial institution buys 200,000 shares of ibm stock from another institution. an investment banker arranges the transaction. d. you sell 200 shares of ibm stock on the nyse through your broker. e. ibm sells 2,000,000 shares of treasury stock to its employees when they exercise options that were granted in prior years.

What does the phrase limited liability mean in a corporate context?

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent