The preferred dividend is generally stated as a percentage of the preferred stock's _____.

A. market value per share
B. earnings per share
C. call premium per share
D. per share par value
E. sinking fund


Answer: D

Business

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What will be an ideal response?

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Answer the following statement true (T) or false (F)

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Sommers Co.'s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,125. What is their yield to maturity (YTM)?

A. 8.56% B. 9.01% C. 9.46% D. 9.93% E. 10.43%

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Marketers can expand markets by discovering and promoting ________

A) subliminal points of interest B) the deficiencies of competitors C) subtle advantages of the product D) new uses of the product E) green technologies

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