Examveda
Examveda

Value of stock is Rs 900 and required rate of return is 30% then preferred dividend will be

A. Rs 270.00

B. Rs 27,000.00

C. Rs 90.00

D. Rs 90.00

Answer: Option A

Solution(By Examveda Team)

Preferred dividend = Value of stock * Required rate of return
= Rs. 900 * 30% = Rs. 270.

This Question Belongs to Commerce >> Financial Management

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