1 . The preferred stock of Jay's Comics currently sells for Tk. 23.25 per share. The annual dividend of Tk. 1.50 is fixed. Assuming a constant dividend forever,what is the rate of return on this stock ?
- A. 3.49 percent
- B. 6.45 percent
- C. 8.06 percent
- D. 8.50 percent
View Answer | Discuss in Forum | Workspace | Report |