ABC Corporation, has an issue of preferred stock outstanding that pays a $2.50 dividend every year in perpetuity. This stock issue currently sells for $75 per share. What is the required return for this preferred stock?
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Ответ:
the required return on the preferred stock is 3.33%
Explanation:
The computation of the required return on the preferred stock is shown below:
= Dividend ÷ Selling price per share
= $2.50 ÷ $75
= 3.33%
Hence, the required return on the preferred stock is 3.33%
We simply applied the above formula
Ответ:
The three worlds of the department store; the manager’s world, the customer’s world, and the saleswomen's world were created by the customers, the working class, department store managers and the blue collar workers. There are hundreds and thousands of department stores in the world; every department store has a staff, working staff, manager, owner etc.