A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return is 8%. Calculate the value of the preferred stock.
Cost of preferred stock = dividend / required rate of return = 50/0.08 =625
Where is the Headquarter of Asian Development Bank?
...Under which article of Indian Constitution the Finance Commission is constitued?
Ustad Amjad Ali Khan is famous for playing which musical instrument?
Who founded the city of Amritsar?
The first phase of bank nationalization began in the year of
Prathama Bank was sponsored by SBI
Who had composed the Geeta Govinda or Gita Govinda?
The Capital of Sierra Leone is
Greenland Island is in which ocean?
Which of the Following Day is not observed in January?