Alcott's preferred stock pays a dividend of $1.00 per quarter. if the price of the stock is $45.00, what is its nominal (not effective) annual rate of return? select one:
a. 8.03%
b. 8.24%
c. 8.45%
d. 8.67%
e. 8.89%

option (e) 8.89%

Explanation:

Data provided in the question:

Dividend paid per quarter = $1.00

Price of the stock = $45.00

Now,

Annual dividend paid = Dividend paid per quarter × 4

= $1.00 × 4

= $4.00

Therefore,

Annual rate of return = [ (Annual dividend paid ) ÷ Stock price ] × 100%

= [ $4.00 ÷ $45 ] × 100%

= 8.89%

Hence,

Answer is option (e) 8.89%

(75years ,i believe is the correct answer.good luck

i would get some file cabnitsits to store all my documents and paper work, then i would make sure to always keep my desk clean and organzed by using sticky notes to mark a stack of papers. and etc. but mainly i would just stay clean and organized because it will make lfe alot eaisier trust me. hope this !