A stock is a share of ownership in a company which gives the owner a right to corporate profit distributions while a bond is used to raise funds which... See full answer below.Become a member and unlock all Study Answers ...
A number of publicly traded firms pay no dividends yet investors are willing to buy shares in these firms. How is this possible? Does this violate our basic principle of stock valuation? Explain. What is the CAPM and security market line, and how can they ...