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1. Find the amount of dividend per share received annually by a stock holder for the following: par value Tk.10, dividend rate 4% and dividend payable annually.

  • A. Tk.5
  • B. Tk.5
  • C. Tk.5
  • D. Tk.5

Answer: Option B

Explanation:

(dividend rate / 100) * par value for the preferred stock = annual preferred dividends

So, dividend per share received= (4 × 10)/100

= 0.40 tk

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