Here's the example:
A company has perpetual preferred stock outstanding with a par value of $100. The stock pays a quarterly dividend of $2, and its current price is $80.
A. What is the nominal annual rate of return?
B. What is its effective annual rate of return?
2006-12-13 15:25:31 · 3 answers · asked by brinkmont 5 in Business & Finance ➔ Other - Business & Finance
10 %
2006-12-13 15:30:49 · answer #1 · answered by ? 6 · 0⤊ 0⤋
This is a home work assignment, a study question, or a take home exam. Do yourself a favor - read your text. Look up the definitions of nominal and effective annual rates of return. You will need to understand those concepts for other questions.
2006-12-13 16:24:53 · answer #2 · answered by The answer troll 2 · 0⤊ 0⤋
I don't know the islamic take on life insurance but as a general rule of thumb it is a bad idea to put yourself in a position where you are worth more dead than alive.
2016-05-23 23:22:37 · answer #3 · answered by Gail 4 · 0⤊ 0⤋