Preference Share: the Preference Share of Acme International Is Selling

question 14

Multiple Choice

Preference share: The preference share of Acme International is selling currently at $110.35. If your required rate of return is 9.75 percent, what is the dividend paid by this share?

• A) $9.75
• B) $11.32
• C) $10.76
• D) $8.53

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Definitions:

Flash Storage Devices

Solid state storage media that use flash memory to retain data, offering fast access speeds and resistance to physical shock.

Micro-SD

A compact, portable flash memory card used primarily for storage in mobile devices, such as smartphones and digital cameras.

Mini-SD

A smaller version of the Secure Digital (SD) memory card format, typically used in portable electronic devices like digital cameras and mobile phones for extended storage.

ECC (Error Correcting Code)

Uses a mathematical algorithm to verify data accuracy. ECC is more expensive than parity, and the motherboard or memory controllers must also have additional circuitry to process ECC.