Question: please answer in 10 MINS!! i need asap. i will rate good if within time limit! A preferred stock will pay a dividend of $3.73

please answer in 10 MINS!! i need asap. i will rate good if within time limit!

A preferred stock will pay a dividend of $3.73 annually. The rate of return you require for the stock is 9.4% What is the price of the preferred stock. Post your answer to the penny. $99.99 for example

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

please answer in 10 MINS!! i need asap. i will rate good if within time limit! The dividend Chow Inc, is expected to pay at the end of next year is $3.51. It has grown 2.7% per year for the last 5...

please answer in 10 MINS!! i need asap. i will rate good if within time limit! What is the percentage of common stock for Taco Revolver? They have Long-term liabilities of $2M, Preferred stock of...

PLEASE ANSWER IN 10 MINS NEED ASAP WILL RATE GOOD IF SO A preferred stock will pay a dividend of $2.09 annually. The rate of return you require for the stock is 9.5% What is the price of the...

4.Assume the following information: U.S.deposit rate for 1 year = 11% U.S.borrowing rate for 1 year = 12% Swiss deposit rate for 1 year = 8% Swiss borrowing rate for 1 year = 10% Swiss forward rate...

I need help specifically in: 1. calculating3 ratios that are missing (Tab 2 highlighted yellow), I can't figure those out to match. 20X5 numbers I have to input myself from theother source. 2....

Hi please read the attachments There is two company. 1) Amazon vs 2) Bestbuy You will only work on Section 3 , 4 , 6. Annual Report 10k , Financial statement , Ethical issue & conclusion. I want...

I need help with this homework, please let me know if you need anything. 1.Reactive Power Generation has the following capital structure. Its corporate tax rate is 20% Security Market Value Debt $...

Please answer 9 & 10 please Stephanie Carter has been gifted a sum of $50,000 by her grandparents on completing her graduation successfully. She is a fresh finance graduate and is excited to invest...

please answer questions attached on the document. Thank you. 1. Award: 2.00 points The Muse Co. just issued a dividend of $2.55 per share on its common stock. The company is expected to maintain a...

Question 1.1. The most important determinant of an investment's portfolio risk is which of the following? (Points : 1.5) The variance of the investment's return distribution The standard deviation of...

What are the differences between research questions and hypotheses?

In addition to ideologies, the players are also influenced and limited by the social environment in which they operate Identify and explain two major environmental influences or contextual factors...

BE14.12 (LO 3) Zhang Mining Company declared on April 20 a dividend of 500,000,000, payable on June 1. Of this amount, 125,000,000 is a return of capital. Prepare the April 20 and June 1 entries for...

10) For a bond that pays cash interest (i.e., not a zero coupon bond), YTM is (a) always equal to the coupon rate (b) always equal to the current yield (c) is always less than the coupon rate (d) can...

Billy Davis has applied for a $9,000 loan to buy a pre-owned automobile. As credit manager of A-1 Finance Corporation, you learn during a credit check that Billy is behind on payments for debts on...

Why is analyzing your receiver important when planning a persuasive message? (Objective 2)

For the past year, the local city bus company stopped twice daily at the main entry of Super Mega Shopping Mart for passengers to exit or enter the bus.With the heavy traffic near this entrance, the...