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netineya [11]
3 years ago
12

Stana, Inc., has preferred stock outstanding that sells for $100.28 per share. If the required return is 3.96 percent, what is t

he annual dividend
Business
1 answer:
LenaWriter [7]3 years ago
3 0

Answer:

$3.95

Explanation:

Stana incorporation has preferred stock outstanding that is sold at $100.28

The required return is 3.96%

Therefore the annual dividend can be calculated as follows

= 3.96/100.28

= 0.03948 × 100

= 3.95

Hence the annual dividend is $3.95

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3 years ago
Suppose that there are two independent economic factors, F1 and F2. The risk-free rate is 3%, and all stocks have independent fi
yarga [219]

Answer:

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Solvig the equatios

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