Annual dividend=100*9%=9
Nominal rate of return=Annual dividend/Current value
1.Nominal rate of return=9/63=14.29%(Approx).
2.Nominal rate of return=9/77=11.69%(Approx).
3.Nominal rate of return=9/106=8.49%(Approx).
4.Nominal rate of return=9/136=6.62%(Approx).
9.6 What will be the nominal rate of return on a perpetual preferred stock with a...
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 9% of par, and a current market price of (a) $68, (b) $81, (c) $117, and (d) $134? Round your answers to two decimal places. a. b. C. d.
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 9% of par, and a current market price of (a) $68, (b) $81, (c) $117. and (d) $1347 Round your answers to two decimal places.
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 12% of par, and a current market price of (a) $57, (b) $85, (c) $117, and (d) $149? Round your answers to two decimal places.
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 11% of par, and a current market price of (a) $53.00, (b) $79.00, (c) $115.00, and (d) $147.00? Round your answers to two decimal places. ___ % ____ % ____ % ____%
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 10% of par, and a current market price of (a) $68, (b) $86, (c) $108, and (d) $137? Round your answers to two decimal places.
PREFERRED STOCK RATE OF RETURN What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 10% of par, and a current market price of (a) $53.00, (b) $85.00, (c) $100.00, and (d) $142.00? Round your answers to two decimal places. a. 18.8 % 11.8 b. C. d. 11.8 0.10 0.70 % % %
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 10% of par, and a current market price of (a) $68.00, (b) $89.00, (C) $96.00, and (d) $138.00? Round your answers to two decimal places. o é o o
Problem 9-7 Preferred stock rate of return What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 7% of par, and a current market price of (a) $61.00, (b) $85.00, (c) $95.00, and (d) $142.00? Round your answers to two decimal places. a % b% c% d %
Click here to read the eBook: Preferred Stock PREFERRED STOCK RATE OF RETURN What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 11% of par, and a current market price of (a) $61.00, (b) $85.00, (c) $117.00, and (d) $142.00? Round your answers to two decimal places. c. % d.
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 11% of par, and a current market price of (a) $62, (b) $86, (c) $103, and (d) $138? Round your answers to two decimal places. a. % %