Preferred Stock of Ford Motors Pays a Dividend of $4

question 75

Multiple Choice

Preferred stock of Ford Motors pays a dividend of $4 each year and trades at a price of $30.What is the cost of preferred stock capital for Ford?

• A)13.3%
• B)14.5%
• C)15.5%
• D)16.2%

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Definitions:

Theocracy

A form of government in which a deity is officially recognized as the state's supreme civil ruler, or the laws are interpreted by religious authorities.

Priestly Elite

A social class comprising religious leaders who possess both spiritual authority and temporal power, often influencing governance and societal norms.

Divine Descent

The belief or mythological concept that a deity descended from the heavens or a supernatural realm to the Earth, often related to the origin of a royal lineage or culture.

Political Organization

is the way in which a society structures its political institutions and processes, governing the distribution of power and decision-making.