caroline877 caroline877

07-02-2020
Business

contestada

You have just purchased a share of preferred stock for $50.00. The preferred stock pays an annual dividend of $5.00 per share forever. What is the rate of return on your investment?

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BeatDarkness BeatDarkness

07-02-2020

Answer:

rate = 5.50/50 = 0.11 = 11%

I believe it is..

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timmercendetti timmercendetti

09-05-2022

Answer:

10.0%

Explanation:

50/5=10%

Other answer used wrong "per share" amount

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