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CFA Level 1 - Equity Investments

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Common Shares

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Terms in this set (125)

ownership interest. Residual claim (what's left after debt holders and preferred stockholders)

having someone else vote as they direct them on their behalf

Statutory Voting

each share held is assigned one vote in the election of each member of the board of directors.

Cumulative voting

shareholders can allocate their votes to one or more candidates as they choose. Benefits shareholders.

Callable common shares

firm the right to repurchase the stock at a pre-specified call price