In 2018, Swisten Inc

question 74

Multiple Choice

In 2018, Swisten Inc. issued a $150 par value preferred stock that pays an 8 percent annual dividend. Due to changes in the overall economy and in the company's financial condition, investors are now requiring a 15 percent return. What price would you be willing to pay for a share of the preferred if you receive your first dividend one year from now?

• A) $80
• B) $75
• C) $59
• D) $95
• E) $110

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Definitions:

Fewest Side Effects

Describes a treatment or medication that causes the smallest number of undesired secondary effects.

Phenothiazines

A class of antipsychotic drugs used to treat mental disorders such as schizophrenia by blocking dopamine receptors in the brain.

Major Tranquilizers

A class of medication, also known as antipsychotics, used to treat serious mental disorders such as schizophrenia.

Neuroleptics

A class of medication used primarily to manage psychosis, notably in schizophrenia.