The preferred stock of Wellcare Inc is currently trading at $137 50 per share If the required rate of return is 8 percent and this stock has no maturity date, what is the quarterly dividend paid by this stock What is the quarterly dividend if the stock will mature in one year and it has a par value...

The preferred stock of Wellcare Inc.is currently trading at $137.50 per share. If the required rate of

Question:

The preferred stock of Wellcare Inc.is currently trading at $137.50 per share. If the required rate of return is 8 percent and this stock has no date, what is the quarterly paid by this stock? What is the quarterly if the stock will mature in one year and it has a of $140?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...