A share of perpetual preferred stock pays an annual dividend of $6 per share. If investors require a 12% rate of return, what should be the price of this preferred stock?
A) $57.25
B) $50.00
C) $62.38
D) $46.75
E) $41.64
B
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Labor productivity is calculated as
A. output minus net exports. B. the average product of labor minus the marginal product of labor. C. total factor productivity divided by the amount of capital. D. output produced by labor divided by hours worked.
Inherent risk for prepaid expenses would generally be assessed as low because these accounts do not usually include complex transactions.
Answer the following statement true (T) or false (F)
Which of the following is not a required note disclosure related to pension plans under FASB ASC Topic 715?
a. Fair value of plan assets b. Actuarial discount rate c. Projected benefit obligation d. Number of employees covered by the plan
________ are a series of laws enacted to specifically limit anticompetitive behavior and monopolistic practices in almost all industries, businesses, and professions operating in the United States
A) Contract laws B) Antitrust laws C) Laissez-faire laws D) Canon laws