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Share of preferred stock pays a dividend of $5 per year. if the price of this preferred stock is currently $100, what is the cost of preferred stock?

Share of preferred stock pays a dividend of $5 per year. if the price of this preferred stock is currently $100, what is the cost of preferred stock?
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Share of preferred stock pays a dividend of $5 per year. if the price of this preferred stock is currently $100, what is the cost of preferred stock?

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User MuhammadNe
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7.7k points

1 Answer

3 votes
i think 105 is the answer 
answered
User Sumit Saurabh
by
8.7k points
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