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OLga [1]
3 years ago
8

What is the value of a preferred stock where the dividend rate is 14% on a $100 par value? Assume the discount rate for this sto

ck is 12%?
Business
1 answer:
Ulleksa [173]3 years ago
8 0

Answer:

Value of preferred stock will be $140

Explanation:

We have given par value of preferred stock = $100

Dividend rate = 14 %

Discount rate on preferred stock = 12%

Preferred stock dividend =face\ value\times dividend\ rate=100\times 0.14=14

We have to find the value of preferred stock

Value of preferred stock =\frac{preferred\ stock\ dividend}{discount\ rate}=\frac{14}{0.1}=140

So value of preferred stock will be $140

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6 0
1 year ago
As a management function, organizing involves:_____.
Ainat [17]

As a management function, organizing involves:

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Therefore, the option D holds true.

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7 0
1 year ago
As a new employee at acme global, frederick just spent the morning learning about the organization's policies and procedures. He
jeka94

I believe the answer is: orientation

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4 0
3 years ago
Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the
nordsb [41]

Answer:

D

Explanation:

4 0
3 years ago
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Suppose that velocity is 3 and the money supply is $600 million. According to the quantity theory of money, nominal output equal
Tamiku [17]

Answer:

$1,800 million

Explanation:

According to the quantity theory of money , velocity = nominal output / money supply

If velocity is 3 and money supply is $600 million, nominal output = $1,800 million .

I hope my answer helps you

3 0
3 years ago
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