You just purchased preferred shares in Initech for $45.71. Initech pays annual dividends of $0.64. What is your required return on this investment?
A) 1.40%
B) 5.40%
C) 8.50%
D) 10.00%
E) 14.00%
Correct answer is A) 1.40%
You might also like to view...
An exchange of value between two entities that yields a change in the accounting equation is called:
A. An external transaction. B. Net Income. C. Recordkeeping or bookkeeping. D. An asset. E. The accounting equation.
Some readers skim the contents of a report; consequently—
a. Visual representations of data lose their impact. b. The writer should be especially alert to possible distortion of data in visuals. c. The writer should minimize the written analysis of the data. d. The writer can appropriately present the entire report in PowerPoint slides.
Which of the following is an example of an informal organizational communication channel?
A) A supervisor gives a performance appraisal to her subordinate. B) An employee suggests to his supervisor a way to increase productivity in his department. C) Research and development team members hold a virtual meeting to discuss ideas for future products. D) An employee starts a blog to share her personal work experiences, opinions, and observations.
Equity securities giving an investor significant influence over an investee are always considered short-term investments.
Answer the following statement true (T) or false (F)