Question 8: Owning equity or common stock in a company typically gives the stockholder the following rights except (a) The right to share proportionally in all dividends paid by the firm (b) A residual claim to the firm's cash flows and its assets in the event of bankruptcy (this residual claim' puts the stockholder last in line behind the IRS, employees, and creditors) (c) The right to share in the firm's selling price in the event of a merger or acquisition of the firm by another firm (d) The right to voon major firm matters including the election of directors, mergers, and major corporate actions (e) The right to decide which positive NPV projects should be accepted or rejected Question 9: When investing in stocks (assume one is not using margin or borrowing money to invest) is there any guarantee of future repayment and what is the maximum amount one can lose? (2) No & 100% of one's investment (b) No & more than 100% of one's investment () Yes & 100% of one's investment (d) Yes & 0% of one's investment Question 10: Rate the following statement as True or False: "In theory, a stock investor has unlimited upside when investing in any one particular company. This means that, while not typical, if lucky or skilled enough an investor could have made an investment in a company 20 years ago for $1,000 that is worth $1,000,000, or even much more, today. (a) True (b) False