BobbyBuckets8140 BobbyBuckets8140
  • 19-07-2017
  • Business
contestada

What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?

Respuesta :

barnuts
barnuts barnuts
  • 01-08-2017

The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

Dividend = $4 per share                                (ANSWER)

Answer Link

Otras preguntas

How many hours should you be outside to get darker less than 3 hours or more than 3 hours?
The Gulf Stream is characterized by warm, high-salinity water that moves very rapidly in an ocean surface current. True False
In a recent international sport​ competition, the top three countrieslong dash—Country ​A, Country​ B, and Country Clong dash—won a total of 119119 medals. Coun
What is value of the following decimal as a fraction
pia has recurrent and distressing thoughts, as well as impulses to perform ritualistic behaviors. which disorder matches pia’s behavior? a. general anxiety diso
Which functions are even? Select all that apply
Which ordered pair COULD represent point P on the graph?A) (2, 6) B) (-3, 6) C) (-2, -5) D) (3, -5)
Plz help I need this by tonight
What is the next number in the arithmetic sequence below
There are 28 replicas of degas’ little dancer of fourteen years True or false