The preferred stocks dividend is 6.25% of its par value, which is 6.25%*100,000 = $6,250 annually. A

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The preferred stock’s dividend is 6.25% of its par value, which is 6.25%*100,000 = $6,250 annually. A 6- month period of this annual dividend,

$3,125, is paid twice a year, on 15 June and 12 December.

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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Question Posted: Oct 19, 2024 03:01 AM

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The preferred stocks dividend is 6.25% of its par value, which is 6.25%*100,000 = $6,250 annually. A

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Principles Of Finance With Excel

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