A Share of 6% Preferred Stock Has a Par Value

question 121

Multiple Choice

A share of 6% preferred stock has a par value of $100 and market value of $120. The owners of the preferred stock will receive a dividend of:

• A)$100.
• B)$12.
• C)$6.
• D)$10.

---

Definitions:

Persuasion

is the act of convincing others to change their beliefs, attitudes, or behaviors through arguments, appeal to emotions, or other effective means.

Subject Line

A brief line of text that identifies the topic or purpose of an email or letter, aimed at capturing the recipient's attention.

Job Satisfaction Survey

A research tool used to gauge employees' contentment with their employment aspects, including responsibilities, work environment, and company culture.

Bulleted Lists

Are used in writing to organize items or points in an easily digestible format.