Financial Services _Çô Client Services RFC121 Chapter Notes - Chapter 11: Dow Jones Industrial Average, Dividend Yield, Preferred Stock

• School: Seneca College
• Department: Financial Services _Çô Client Services
• Course: Financial Services _Çô Client Services RFC121
• Professor: Peter Wan

Document Summary

Rfc chapter 11 textbook notes investing in stocks. Index: a statistical measure of the changes in a portfolio of stocks representing a portion of the overall market: s&p/tsx composite index, s&p 500, nasdaq composite. Investors use indexes track performance of overall stock market: dija = dow jones industrial average, nyse composite index, ta(cid:374)da(cid:396)d & poo(cid:396)"s 5(cid:1004)(cid:1004) to(cid:272)k i(cid:374)de(cid:454) Private corporation is a corporation whose stocks are owned by relatively few people and not traded openly in stock market. Public corporation is a corporation whose stocks are traded openly in stock markets and my be purchased by individual: thousands or even millions of shareholders. Price is determined by how much a buyer is willing to pay for the stock. Demand for a stock increases, price increases. Must (cid:271)e app(cid:396)o(cid:448)ed (cid:271)(cid:455) the (cid:272)o(cid:396)po(cid:396)atio(cid:374)"s (cid:271)oa(cid:396)d of di(cid:396)e(cid:272)to(cid:396)s. Voting rights and control of the company. Proxy: a legal fo(cid:396)(cid:373) that lists the issues to (cid:271)e de(cid:272)ided at a sha(cid:396)eholde(cid:396)s" (cid:373)eeti(cid:374)g a(cid:374)d (cid:396)e(cid:395)uests that.