A 6% Preferred Stock Pays _____ a Year in Dividends

question 187

Multiple Choice

A 6% preferred stock pays _____ a year in dividends per share. The par value of the preferred stock is $100.

• A) $3
• B) $6
• C) $12
• D) $30
• E) $60

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Definitions:

Efficiency

The ratio of useful output to total input, indicating how effectively resources are utilized to achieve a goal.

Employee Morale

Refers to the overall attitudes, satisfaction, and outlook of employees towards their work and workplace environment.

Democratic Leader

A leadership style characterized by the involvement of team members in decision-making processes, promoting equality and participation.

Management Traits

Characteristics or qualities that are often seen in successful managers, including leadership, decision-making capabilities, and the ability to motivate and guide teams.