QUESTION 4 Which statement about common shareholders is incorrect? O A. Shareholders only have a residual claim. B. Shareholders have a voting right OC. Shareholders have precedence over all other claimholders in the case of bankruptcy OD. Shareholders are the ultimate owners of a corporation QUESTIONS To value a stock (find the price) what 2 things do we need to do? A. Determine the cash flows and discount them to the present B. Determine the capital gains and discount them to the present Determine the total return and discount it to the present Determine the future price and discount it to the present C. D. QUESTION 6 A B. Which of the following is true of mortgage interest rates? Longer-term mortgages have lower interest rates than shorter-term mortgages. Mortgage interest rates tend to track along with Treasury bond rates. Interest rates are higher on mortgage loans on which lenders charge points. D. All of the above are true. C