Just Us Realty Ltd Has Issued Perpetual Preference Shares with a $100

question 13

Multiple Choice

Just Us Realty Ltd has issued perpetual preference shares with a $100 par value.The company pays a quarterly dividend of $2.60 on this share.What is the current price of this preference share given a required rate of return of 12.5 percent?

• A)$20.80.
• B)$47.25.
• C)$80.00.
• D)$83.20.

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Definitions:

Conj

Conj is an abbreviation often used for conjunction, a logical connective combining two or more propositions, events, or states.

Simp

Informal term often used derogatorily to describe someone who is overly submissive or attentive to someone else, often with no reciprocity.

Simp

A slang term often used derogatorily to describe someone who is perceived as overly subservient or attentive to someone they are attracted to, often without receiving any acknowledgment or reciprocation.

Add

In mathematical terms, to combine or unite numbers or quantities to get a sum.