Problem

1. Go to Cedar Fair’s Web site and access its most recent annual report. Use the annual re...

1. Go to Cedar Fair’s Web site and access its most recent annual report. Use the annual report to complete the following questions.

a. What is a publicly traded limited partnership?


b. Instead of common stock, what security represents ownership?


c. What rights do the partnership security owners have? Are they similar to common stockholders?


d. Do the owners of trading limited partnerships receive dividends? If not, what types of “dividend”-like distributions do they receive?

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Solutions For Problems in Chapter 16