以下是引用wzaina在2009-3-6 16:25:00的发言：
LOS h: Calculate the value of noncallable fixed-rate perpetual preferred stock given the stock's annual dividend and the discount rate.
Q1. What is the value of a fixed-rate perpetual preferred share (par value $100) with a dividend rate of 7.0% and a required return of 9.0%?
A) $78.
B) $71.
C) $56.
Q2. A $100 par, perpetual preferred share pays a fixed dividend of 5.0%. If the required rate of return is 6.5%, what is the current value of the shares?
A) $100.00.
B) $88.64.
C) $76.92.
Q3. If the value of an 8%, fixed-rate, perpetual preferred share is $134, and the par value is $100, what is the required rate of return?
A) 8%.
B) 7%.
C) 6%.
Q4. What is the value of a fixed-rate perpetual preferred share (par value $100) with a dividend rate of 11.0% and a required return of 7.5%?
A) $152.
B) $138.
C) $147.
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发表于 2009-5-20 13:38
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