Multiple Choice
If stock is issued in Pirate Recording, analysts predict that the company has potential for strong growth. The prospects for dividend payments to stockholders, at least in the beginning, are not good. Pirate Recording will need to retain its earnings in order to grow rapidly. The firm's stock would most likely be classified as a(n)
A) blue chip stock.
B) income stock.
C) growth stock.
D) capital stock.
Correct Answer:

Verified
Correct Answer:
Verified
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