Question
1- In the previous 5 years, Google paid an annual dividend as follows: Year-Dividends 2011-2.7 2010-2.5 2009-2.2 2008-1.8 2007-1.5 4- Google has a preferred stock
1- In the previous 5 years, Google paid an annual dividend as follows:
Year-Dividends
2011-2.7
2010-2.5
2009-2.2
2008-1.8
2007-1.5
4- Google has a preferred stock that pays an annual dividend of 6$ to shareholders. What is the cost of Google's preferred stocks if it is currently priced at $100?
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
16th edition
1337902608, 978-1337902601
