1. In general, what is a “prospectus” in finance? I am looking for an answer that is about finance, not about the work “prospectus” in some other context.
2. The EPS for XYZ Corp is $5.00. The declared dividend is $3.50. Find the payout ratio and the retention ratio.
3. Should U.S. investors consider buying securities issued by entities based in other countries? Refer to the assigned readings to justify your answer. (Remember that currency risk can be hedged away.)