Question
Enrich Inc. has preferred stock that pays a $13 dividend per share and current is selling for $97 per share. What is the firms cost
Enrich Inc. has preferred stock that pays a $13 dividend per share and current is selling for $97 per share. What is the firms cost of preferred stock?
13/(97) = 13.4%
| A. 12.9% | ||
| B. | 13.10% | |
| C | . | 13.8% |
| D | . | 12.6% |
| E. | 13.4% |
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Performance Auditing Contributing To Accountability In Democratic Government
Authors: Jeremy Lonsdale, Peter Wilkins, Tom Ling
1st Edition
1848449720, 978-1848449725
