A share lending agreement
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. A share lending agreement
(a) usually stipulates that the dividends, paid by the issuing company to the security lender, are passed onto the security borrower.
(b) stipulates the interest rate paid by the security borrower to the security lender.
(c) guarantees that the voting right is kept by the security lender during the loan period.
(d) usually stipulates that the equivalent of the dividends on the share lent are paid by the security borrower to the security lender.
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