An Issue of Preference Shares Currently Sells for $52

question 61

Multiple Choice

An issue of preference shares currently sells for $52.50 per share and pays a constant annual expected dividend of $2.25 per share.The expected return on this security is [blank].

• A)4.29%
• B)0.04%
• C)8.33%
• D)13.33%

---

Definitions:

Stylistic Device

Techniques used by writers and speakers to give an expressive, effective, and creative form to their works or speech.

De-emphasize

De-emphasize means to reduce the significance, attention, or stress given to a particular element or aspect within communication or presentation.

Active Voice

A grammatical structure where the subject of the sentence performs the action expressed by the verb.

Passive Voice

A grammatical voice where the subject of the sentence is acted upon by the verb, often used to remove focus from the subject or to create a sense of generality.