Marie owns shares of Deltona Productions preffered stock which she says provides her with a constant 14.3 % rate of return. The stock is currently priced at $45.45 a share. What is the amount o the dividend per share?

Marie owns shares of Deltona Productions preffered stock which she says provides her with a constant 14.3 % rate of return. The stock is currently priced at $45.45 a share. What is the amount o the dividend per share?



Answer: 6.50 (i. $6.50=45.45*0.143 )


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