A preferred stock that pays an annual dividend of $10, has a par value of $100, and has a required
return of 5% will be valued at $200.
Indicate whether the statement is true or false
TRUE
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A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage:
A: 197; B: 189; C: 181; D: 176.
Dora, a customer care supervisor, is highly trusted within her company. So when Dora sends a spoken or written message to work associates, her message
A) is likely to be misunderstood because so few people in business are honest. B) has a good chance of being received as intended. C) will most likely encounter barriers because trust is not valued in customer care. D) will most likely be received with defensiveness from associates who themselves are dishonest.