A Share of Preferred Stock Currently Sells for $120

question 361

Multiple Choice

A share of preferred stock currently sells for $120. It offers the investor a dividend rate of 8%, on a par value of $100. If the investor owns 500 shares, her total annual dividend will equal:

• A) $800
• B) $8.00
• C) $2,000
• D) $4,000

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Definitions:

Isolated Individuals

Persons who are separated from or lack regular interaction with others, which may impact their social skills and emotional well-being.

Posthypnotic Suggestion

A directive given to a person under hypnosis that is intended to be acted upon after coming out of the trance.

Anterograde Amnesia

A condition where an individual is unable to form new memories following the onset of amnesia, while long-term memories from before the event remain intact.

Hypnotic Session

A hypnotic session involves a process where a trained therapist leads an individual into a state of focused attention and increased suggestibility for therapeutic purposes.