krisdross92 krisdross92

16-08-2020
Mathematics

contestada

A preferred stock pays an annual dividend of $6.75 and sells for $58.60 a share. What is the rate of return on this security?

Respuesta :

Tundexi Tundexi

16-08-2020

Answer:

11.52%

Step-by-step explanation:

Price (p0) = 58.6

Dividend (D1) = 6.75

P0= D1/ke

58.6 = 6.75/ke

ke = 6.75/58.6

ke = 0.1152 or 11.52%

Rate of return (ke) = 11.52%

Answer Link

Otras preguntas

Plant cells complete cell division differently than animal cells. Unlike animal cells, that use cleavage to create new cells, in plants a cell _____ grows betwe

solve 3! no other context it just says solve 3! no equation either.

why people need fresh air and water

Combine the like foods and write your final answer, Like terms 2 burgers+ 1 French fries + soda + 3 burgers + 2 French fries+ 2 soda's Combine like terms

posterity definition

A short quiz has two true-false questions and one multiple-choice question with four choices. A student guesses at each question. Assuming the choices are all e

These questions are about "A Raisin in the Sun" page 146 - The End: 1. COMPARE: What were the characters' reactions when Mr. Lindner first came to the house vs.

During __________ reproduction, an identical copy of the parent is produced.

what does the fruit of the civil war mean?

WILL GIVE BRAINLIESTS Use the text to answer the prompt. What’s up, big brother? Doing okay? We should totally try 2 catch a ride to the mall next week. Mom’s b