If a $100 par value preferred stock pays an annual dividend of $5 and comparable yields are 10 percent, the price of this preferred stock will be
A)$100
B)$75
C)$50
D)$25

Question

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The Answer of If a $100 par value preferred stock pays an annual dividend of $5 and comparable yields are 10 percent, the price of this preferred stock will be
A)$100
B)$75
C)$50
D)$25

If a $100 Par Value Preferred Stock Pays an Annual