Nick's enchiladas incorporated has preferred stock outstanding that pays a dividend of $3 at the end of each year. the preferred sells for $35 a share. what is the stock's required rate of return? (assume the market is in equilibrium with the required return equal to the expected return.) round the answer to two decimal places.

The stock's required rate of return is 8.57%

Explanation:

For computing the required rate of return for the stock, we need to apply the formula which is shown below:

The Required rate of return = (Dividend ÷ price) × 100

                                      = ($3 ÷ $35 per share) × 100

                                      = 8.57%

The find out the required rate of return, the dividend should be proportional to the price.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

answer///supply is elastic, and demand is inelastic;