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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 253 Topic 26 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 253 Topic 26 Discussion

GLO_CWM_LVL_1 Exam Topic 26 Question 253 Discussion:
Question #: 253
Topic #: 26

If a Rs. 100 par value preferred stock pays an annual dividend of Rs. 5 and comparable yields are 10 percent, the price of this preferred stock will be


A.

Rs. 100


B.

Rs. 75


C.

Rs. 50


D.

Rs. 25


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