FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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brower bloom has preference shares outstanding that pay a dividend of R7,50 per share at the end of each year. the preference shares sell for r115.38 a share. what is the shares required rate of return ?
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- Sammy’s Treats’ stock is trading at $50 and also pays an annual dividend of $2 per share. How much is the dividend yield?arrow_forwardAm. 114.arrow_forwardA preferred stock pays a constant divided of $4.66 per year. Assuming the required rate of return for investing in the stock is 6.8%, calculate the fair price for the stock.arrow_forward
- XYZ company has preferred stock that has an annual dividend of $5. If the current market price of a preference share is $30, What is the cost of preference share?arrow_forwardIf you originally bought a share of stock for $27, and in one year it paid a dividend of $4 and now costs $33. You sell the stock today for $33, what is your percentage return? (answer in percent, but without the percent sign, e.g. "8.25" is 8.25%)arrow_forwardеВook Farley Inc. has perpetual preferred stock outstanding that sells for $44 a share and pays a dividend of $2.00 at the end of each year. What is the required rate of return? Round your answer to two decimal places. %arrow_forward
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