Answer:
Year 1 | Year 2 | Year 3 | |
Preferred Stock (dividend per share) | $1.00 | $ 0.40 | $ 1.60 |
Dividend Stock (dividend per share) | $ 0.30 | - | $ 0.28 |
Workings: | |||
Preferred Stock | Dividend Stock | Total | |
(i) | (ii) | ||
Year 1 | 10,000 | 15,000 | 25,000 |
Year 2 | 4,000 | - | 4,000 |
Year 3 | 16,000 | 14,000 | 30,000 |
Preferred Stock | Dividend Stock | ||
(i) / 10000 | (ii) / 50000 | ||
Year 1 | 1.00 | 0.30 | |
Year 2 | 0.40 | - | |
Year 3 | 1.60 | 0.28 |
L -asiy a progress=false -h 12 HW eBook Show Me How Calculator Dividends Per Share Seacrest...
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