A preferred stock pays a dividend of $1 every year. What is the annual rate...

50.1K

Verified Solution

Question

Finance

A preferred stock pays a dividend of $1 every year. What is the annual rate of return on this investment if the price of the preferred stock is $50?

Group of answer choices 2% 6% 5% 4%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students