You Have Just Purchased a Share of Preferred Stock for $50.00

question 94

Multiple Choice

You have just purchased a share of preferred stock for $50.00. The preferred stock pays an annual dividend of $5.50 per share forever. What is the rate of return on your investment?

• A) 5.5%
• B) 1.0%
• C) 11.0 %
• D) 22.2%

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Definitions:

Sociology Class

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A system of ideas, beliefs, and values that influences the way individuals and groups perceive and interact with the world.