Stock Valuation

Chapter 6: Stock Valuation

Short Question Answer 1. What are the characteristic features of preference share? Preferred stock is a hybrid security issued by companies. It is called hybrid security because it has some features common to debt and others similar to common stock. The rate of dividend to be paid on preferred stock is fixed and it generally […]

Chapter 5: Bond Valuation

Short Questions Answers 1. What are the key features of bond? Explain.  A bond is a long-term promissory note issued by corporations. It is called a promissory note because the issuer promises to pay a stated amount of interest regularly and repay the maturity value at the expiry of the maturity period. While issuing  bonds, […]