[单选题]

A company's $100 par value preferred stock with a dividend rate of 9.5% per year is currently priced at $103.26 per share. The company's earnings are expected to grow at an annual rate of 5% for the foreseeable future. The cost of the company's preferred stock is closest to:

A.9.2%.

B.9.5%.

C.9.7%.

参考答案与解析:

相关试题

A company's $100 par value preferred stock with a dividend rate of 9.5% per year is currently p

[单选题]A company's $100 par value preferred stock with a dividend rate of 9.5% per

  • 查看答案
  • A company's series B,8% preferred stock has the following features:<br />·A par value of

    [单选题]A company's series B,8% preferred stock has the following features:·A par v

  • 查看答案
  • A company's $100, 8% preferred is currently selling for $85. What is the company's cost of

    [单选题]A company's $100, 8% preferred is currently selling for $85. What is the co

  • 查看答案
  • A bond is currently trading for $109.246 per $100 of par value. If the bond's yield to maturity

    [单选题]A bond is currently trading for $109.246 per $100 of par value. If the bond

  • 查看答案
  • A company's shares are currently trading at $20 per share and its P/E ratio is 28. If it borrow

    [单选题]A company's shares are currently trading at $20 per share and its P/E ratio

  • 查看答案
  • An investor gathers the following data to estimate the intrinsic value of a company's stock usi

    [单选题]An investor gathers the following data to estimate the intrinsic value of a

  • 查看答案
  • An investor gathers the following data to estimate the intrinsic value of a company's stock usi

    [单选题]An investor gathers the following data to estimate the intrinsic value of a

  • 查看答案
  • What is the intrinsic value of a company's stock if dividends are expected to grow at 5%, the m

    [单选题]What is the intrinsic value of a company's stock if dividends are expected

  • 查看答案
  • A share o f George Co. preferred stock i s selling for $65. It pays a dividend of $4.50 per year and

    [单选题]A share o f George Co. preferred stock i s selling for $65. It pays a divid

  • 查看答案
  • In 2009, the average market price of a company's common stock was $60 per share and basic earni

    [单选题]In 2009, the average market price of a company's common stock was $60 per s

  • 查看答案
  • A company's $100 par value preferred stock with a dividend rate of 9.5% per year is currently p