Kwak Motors preferred stock pays an annual dividend of $3.50 per share. If the stock is selling for $50 per share, what would be the annual rate of return earned of Kwak Motors preferred stock?
A) 1.43% B) 4.35% C) 7.00% D) 14.29%
you expect that three years from today, periwinkle corporation will begin paying its first ever dividends of $4.00 a share, an amount that will be held constant. if you require a rate of return of 10%. what is the most that you should be willing to pay for a share of stock?
A) $35.05 B) $33.06 C) $37.68 D) $40.00