A preferred stock with a $5 dividend rate, $100 face value, and $80 market value has a current yield of

A)

5.00%.
B)

6.25%.
C)

5.56%.
D)

25.00%.

B

Business

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Tech-savvy customers, especially young people or "Net-geners" hold certain expectations about what businesses should offer or provide. Describe three customer service expectations as discussed in the chapter

What will be an ideal response?

Business

When a television advertisement makes a special offer on a piece of luggage, encouraging viewers to call a toll-free number to take advantage of the special, the ad is designed to meet the goal of:

A) building brand image B) informing C) persuading D) encouraging action

Business