A Company Issues 100,000 Shares of Preferred Shares for $40

question 9

Multiple Choice

A company issues 100,000 shares of preferred shares for $40 a share.The stock has a fixed annual dividend rate of $0.15 per share.Preferred shareholders can anticipate receiving a dividend of:

• A)$200,000 each year.
• B)$15,000 each year.
• C)5% of net income each year.
• D)5% of the market value of the stock at the time the dividend is declared.

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Definitions:

Conditional Positive Regard

A concept in psychology where acceptance and love from others are contingent upon one's behavior meeting certain conditions or standards.

Healthy Self-esteem

A positive view of oneself that is both resilient and realistic, contributing to an individual's mental well-being and confidence.

Looking-glass Self

A concept in sociology suggesting that an individual's self-concept is influenced by how they believe others perceive them.

Ideal Self

A person's conception of how they would like to be or think about their best possible self.