A Share of Preferred Stock Pays a $2 Annual Dividend,but

question 71

Multiple Choice

A share of preferred stock pays a $2 annual dividend,but pays the dividend in four equal quarterly installments.Investors seek a 12% annual percentage return on the investment.What price should the preferred stock trade?

• A) $4.17
• B) $6.67
• C) $8.50
• D) $16.67

---

Definitions:

Humanistic Psychology

A perspective in psychology that emphasizes individual potential for growth and the role of unique perceptions in guiding behavior and mental processes.

Self-Actualization

The realization or fulfillment of one's talents and potential, considered as a drive or need present in everyone.

Person-Centred Approach

A therapeutic approach focusing on the individual's self-worth and values, emphasizing the human capacity for self-direction and understanding.

Learning Paradigms

Various frameworks and methodologies used in research and education to understand how learning occurs.