principles of finance
posted by Jean .
You are considering the of xyz company's perpetual preferred stock, which pays a perpetual divend of $8 per. If the appropriate discount rate for this investment is 14%, what is the price of one share of this stock? Thank you.
Preferred stock differs from common stock in that preferred stock: Thank You?
Due to a technical breakthrough, the fixed costs for a firm drop by 25%. Prior to this breakthrough fixed costs were $100,000 and unit contribution margin was remains at $5.00. The new amount of breakeven units will be:
75,000/5.00 = 15,000 unit sales will result in breakeven
Respond to this Question
Similar Questions

principles of finance
You are considering the purchase of XYZ Company's preferred stock, which pays a perpetual annual dividend of $8 per share. If the appropriate discount rate for this investment is the price of one share of syock? 
Finance
You purchase XYZ company's perpetual preferred stock, which pays a perpetual annual dividend of $8 per share. If the appropriate discount rate for this investment is 14%, what is the price of one share of stock? 
Corporate Finance
Taylor Inc. has preferred perpetual stock outstanding that has a par value of $100 per share and a dividend yield of 9.4% of stated value. If the appropriate interest rate for Taylor’s preferred stock is 8.3%, how much is each share … 
college business
A company’s perpetual preferred stock currently trades at $80 per share and pays a $6.00 annual dividend per share. If the company were to sell a new preferred issue, it would incur a flotation cost of 4%. What would the cost of … 
finance
A company’s perpetual preferred stock currently trades at $80 per share and pays a $6.00 annual dividend per share. If the company were to sell a new preferred issue, it would incur a flotation cost of 4%. What would the cost of … 
business math check my answers please
A share of perpetual preferred stock pays an annual dividend of $6 per share. If the investors require a 12% rate of return, what should be the price of this preferred stock? 
umdnj
A company has preferred stock that can be sold for $21 per share. The preferred stock pays an annual dividend of 3.5% based on a par value of $100. Flotation costs associated with the sale of preferred stock equal $1.25 per share. … 
Finance
Assume that you are the assistant to the CFO of XYZ Company. Your task is to estimate XYZ's WACC using the following data: The firm's tax rate is 40%. The current price of the 12% coupon, semiannual payment, noncallable bonds with … 
finance
The First Bank of Ellicott City has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.65 on this stock. What is the current price of this preferred stock given a required rate of return … 
math
Your required rate of return on company XYZ's preferred stock is 12%. Their preferred stock pays a fixed annual dividend of $4. A share of XYZ preferred is valued at