# finance

Sony \$4.50 preferred is selling for \$65.50. The preferred dividend is non growing. What is the required return on Sony preferred stock?

1. 👍 0
2. 👎 0
3. 👁 67
1. 324,000

1. 👍 0
2. 👎 0
posted by vivi

## Similar Questions

1. ### Finance

Saturated Meat Corporation preferred stock is currently selling for \$22 per share. The preferred dividend is \$2.50 per share. If Jennifer requires a return of 10% on the preferred stock, should she invest in this stock? You must

asked by Teresa on January 30, 2011
2. ### Finance

Saturated Meat Corporation preferred stock is currently selling for \$22 per share. The preferred dividend is \$2.50 per share. If Jennifer requires a return of 10% on the preferred stock, should she invest in this stock?

asked by Joe on September 2, 2010
3. ### 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.

asked by Anonymous on July 22, 2012
4. ### Managerial Finance

A firm has an issue of preferred stock outstanding that has a par value of \$100 and a 4% dividend. If the current market price of the preferred stock is \$50, the yield on the preferred stock is

asked by Henry on March 16, 2013
5. ### 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

asked by Anonymous on August 2, 2016
6. ### math

A research based on 150 students relating to their favorite fruit revealed the following: 90 students preferred Apples; 75 preferred Bananas; and 55 preferred Strawberries; 30 of them preferred Bananas and Strawberries; 15

asked by Math help on March 15, 2018
7. ### Finance

Fjord Luxury Liners has preferred shares outstanding that pay an annual dividend equal to \$7 per year. If the current price of Fjord preferred shares is \$94, what is the after-tax cost of preferred stock for Fjord?

asked by maria on December 11, 2014
8. ### accounting

If preferred dividends are limited to the stated rate of dividend, the preferred stock is: A. noncumulative B. Cumulative C. participating D. Nonparticipating

asked by Judy on December 2, 2014
9. ### Finance

The Fridge-Air Company's preferred stock pays a dividend of \$4.50 per share annually. If the required rate of return on comparable quality preferred stocks is 14 percent, calculate the value of Fridge-Air's preferred stock. What

asked by James on May 15, 2014
10. ### finance (bonds to stock)

corporations prefer bonds to preferred stock for financing their operations because? A. prefered stocks require a dividend B. bond interest rates change with the economy while stock dividends remain constant C. the after-tax cost

asked by Jason on July 25, 2008

More Similar Questions