Author Question: The pro forma net profits after taxes for 2015 are ________. (See Table 4.4) A) 202,500 B) ... (Read 145 times)

mikaylakyoung · **on:** Jul 10, 2018

The pro forma net profits after taxes for 2015 are ________. (See Table 4.4)

A) 202,500
B) 207,000
C) 52,500
D) 57,000

Question 2

Maynard Inc. preferred stock pays an annual dividend of 7 per share. Which of the following
statements is true for an investor with a required return of 9?

A) The value of the preferred stock is 6.30 per share because of the 9 required return.
B) The value of the preferred stock is 7 because the dividend is fixed at 7 each year .
C) The value of the preferred stock is 77.78 per share.
D) The value of the preferred stock is 63.00 per share.