What acronym is used to refer to adjustable rate preferred stock?

Business Trivia / June 10, 2025

ARPS. ARPS are a type of preferred stock where the dividends issued will vary with a benchmark, most often a T-bill rate.

In the law of large numbers, what approaches the mean of the population as the sample grows?

Business Trivia / June 10, 2025

Mean Of A Random Sample. A stock market is also referred to as an "equity market".

Where did Larry E. Page, ranked 13th in the "Forbes" Top 100 Richest in the U.S. in 2006 make his billions?

Business Trivia / June 09, 2025

Google. Larry E. Page ranked 13th on "Forbes" 2006 Rich List was 33 years old in 2006 and was worth $14 billion.

What did Ted Turner establish in 1980?

Business Trivia / June 09, 2025

Cable News Network (CNN). CNN is a major U.S. cable news network founded in 1980.

When Microsoft went public in 1986, what was its initial price per share?

Business Trivia / June 08, 2025

$21. Microsoft's IPO produced four billionaires and 12,000 millionaires among the company's employees.

How did super-rich Donald L. Bren make his billions?

Business Trivia / June 08, 2025

Real Estate. Donald L. Bren ranked 27th on "Forbes" 2006 Rich List calls Newport Beach, CA home and was worth $8.5 billion.