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

Business

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The sales gap due to reduced volume is ________ percent

A) 0.4 B) 2.5 C) 28.5 D) 63 E) 71.4

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For commodity products where price is set by the market, manufacturers can use lot size based quantity discounts to achieve coordination in the supply chain and decrease supply chain cost

Indicate whether the statement is true or false.

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