Q908
Value of stock is Rs 900 and required rate of return is 30% then preferred dividend will be
A.
Rs 270.00
AnswerB.
Rs 27,000.00
C.
Rs 90.00
D.
Rs 170.00
Answer: Option A
Solution
Answer: Option A
Solution:
Preferred dividend = Value of stock * Required rate of return = Rs. 900 * 30% = Rs. 270.