Keith Wants to Buy Stock in a Large Pharmaceutical Company

Multiple Choice

Keith wants to buy stock in a large pharmaceutical company. Since he lives in the city where the company is headquartered, he wants to attend its annual meetings and vote for the board of directors. He also wants to maintain a 5 percent ownership of the company, so having priority in purchasing new shares on the marketplace is very important to him. What type of stock should Keith purchase?

A) proxy stock
B) dividend stock
C) preferred stock
D) common stock
E) preemptive stock