Asked by Johnny

A perpetual preferred stock pays a fixed dividend of $9 and sells for $100. What is the
stock’s rate of return?
A. 6.5 percent
B. 9 percent
C. 11 percent
D. 12.5 percent

I think it's B. 9 percent. $9.00 / 100 = .09

Answers

Answered by pam
try zenwealth scroll to finance online
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