James Hayes owns 215 shares of Ohio Utility preferred stock. If this preferred stock issue pays $1.60

Question:

James Hayes owns 215 shares of Ohio Utility preferred stock. If this preferred stock issue pays $1.60 per share each year, what is the total dollar amount Mr. Hayes will receive in one year?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Personal Finance

ISBN: 9781264101597

14th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

Question Posted: