Stu Owns Shares of Markley Preferred Stock Which He Says

question 254

Multiple Choice

Stu owns shares of Markley preferred stock which he says provides him with a constant 13.6% rate of return. The stock is currently priced at $51.47 a share. What is the amount of the dividend per share?

• A) $2.64
• B) $3.78
• C) $5.85
• D) $6.26
• E) $7.00

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Definitions:

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