Question

A preferred stock pays an annual dividend of $4.70 and sells for $58.20 per share. What...

A preferred stock pays an annual dividend of $4.70 and sells for $58.20 per share. What is the rate of return?

  • 8.08 percent

  • 8.54 percent

  • 9.01 percent

  • 7.88 percent

0 0
Add a comment Improve this question Transcribed image text
Answer #1

pemed so uamu dividnd o ond 58.20 per share ate ol Rehuam too-a-58は 8.045 6013ヌー8:08

Add a comment
Know the answer?
Add Answer to:
A preferred stock pays an annual dividend of $4.70 and sells for $58.20 per share. What...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT