Studio 55,Inc

question 94

Multiple Choice

Studio 55,Inc.has an issue of preferred stock that pays a dividend of $4.00.The preferred stockholders require a rate of return on this stock of 9%.At what price should the preferred stock sell for? Round off to the nearest $0.10.

• A) $36.00
• B) $44.40
• C) $62.50
• D) $88.80

---

Definitions:

Brand

A unique design, sign, symbol, or combination thereof that identifies and differentiates a product or company from its competitors.

Yield Ratios

Metrics used in recruitment to evaluate the efficiency of different stages of the hiring process, from the number of applicants to the number of hires.

Recruitment Sources

Channels or means through which potential job candidates can be found, including job boards, social media, recruitment agencies, and networking events.

Internet Recruiting

The process of sourcing, attracting, and hiring candidates for job positions through the internet, using platforms such as job boards, social media, and company websites.