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What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share? Select

What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?

Select one: a. $3.33 b. $5.00 c. $3.60 d. $4.00

--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

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