oyangbin5406 oyangbin5406

10-11-2020
Business

contestada

A preferred stock sells for $54.20 a share and has a market return of 9.68 percent. What is the dividend amount

Respuesta :

Ritmeks Ritmeks

15-11-2020

Answer:

$5.25

Explanation:

A preferred stock is sold at $54.20

The market return is 9.68%

Therefore the dividend amount can be calculated as follows

= 54.20 × 9.68/100

= 54.20 × 0.0968

= $5.25

Hence the dividend amount is $5.25

Answer Link

Otras preguntas

Please Help!!Mrs. Curtis wants to buy online tickets for a concert. Two options are given here. Option 1: $53 for each ticket plus a shipping fee of $10 Option

Eva has been asked to evaluate a literary work by writing a response-to-literature essay. Which of the following is not recommended for this type of essay writ

how do I write A quadratic Equation From a Parabola and A Chart

Simplify the expression. 9 3 × 2 a. 15 b. 21 c. 24 d. 48

Which of the following statements is true about an experiment? The control should be changed by the scientist. The independent variable is the factor chang

Why were jobs in public office held only By Gentry

What happens if you don't sign the back of your check?

List the products that are protected under these two tariff bills

To the nearest millimeter, a cell phone is 111 mm long and 75 mm wide. What is the ratio of the width to the length?

The collection of shosoin imperial repository indicates the extensive international exchange between _______ that took place during the nara period.