Author Question: What is the dividend on an 8 percent preferred stock that currently sells for 45 and has a face ... (Read 103 times)

urbanoutfitters · **on:** Jul 11, 2018

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

A) 3.33
B) 3.60
C) 4.00
D) 5.00

Question 2

Higher the debt ratio, more the financial leverage a firm has and thus, the greater will be its risk and return.

Indicate whether the statement is true or false