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Author Question: What is the dividend on an 8 percent preferred stock that currently sells for 45 and has a face ... (Read 76 times)

urbanoutfitters

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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


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kalskdjl1212

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


urbanoutfitters

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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