Use of Financial Calculator TI BA II Plus Required

question 58

Multiple Choice

Use of Financial Calculator TI BA II Plus required. What is the fair market value of a preferred share that pays $2.25 in dividends per year when long-term government bond yield is 5.42 percent annually?

• A)$85.47
• B)$41.51
• C)$42.56
• D)$39.82

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Definitions:

Sufficient

Enough to meet the needs of a situation or a proposed end.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, being aware of and understanding one's self.

Healthy Self-Esteem

A positive state of mind that involves recognizing one's own worth and abilities in a balanced and realistic manner.

Healthy Self-Esteem

The positive regard or valuation one has for oneself, characterized by confidence and respect for one’s own abilities and worth.