Question
A preferred stock just paid a dividend of $15. If you require 12%, what is the price of the stock? $80.00 $12.00 $15.00 $125.00 Tian
A preferred stock just paid a dividend of $15. If you require 12%, what is the price of the stock?
|
| $80.00 | |
|
| $12.00 | |
|
| $15.00 | |
|
| $125.00 |
Tian Semiconductors has a required rate of return of 11%, the marginal investor expects its next dividend to be $1.00, its expected growth rate is a constant 5.0%, and the stock's current market price is $20 per share. This stock is in equilibrium. True or false?
|
| True | |
|
| False |
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Technology And Finance Challenges For Financial Markets Business Strategies And Policy Makers
Authors: Morten Balling, Frank Lierman, Andy Mullineux
1st Edition
041529827X, 978-0415298278
