Stocks and Bonds 1Economics Chapter 7 Stocks and Bonds
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Bell ringers for week of 1/28/08 1. Name 3 types of businesses. 2. What does it mean to invest? 3. What is one difference between common and preferred stock? 4. What does NYSE stand for? 5. What is interest? 6. List two different kinds of stock. Economics Chapter 7 Stocks and Bonds14
Answer to Bell Ringers 1/28/08 1. Sole proprietorship Partnership Corporation 2. to use money to earn interest or income, or in the hopes of making a profit; for example, to buy stocks and bonds. 3.Common stock gives the stockholders voting rights but may or may not offer dividends. Preferred stock offers the stockholder fixed dividends but no voting rights. 4. New York Stock Exchange 5. a specified amount of money a borrower must pay a lender for the use of borrowed funds. 6. Preferred Stock and Common Stock Economics Chapter 7 Stocks and Bonds15