> Setimpal preferred stock pays a RM 0.50 annual dividend. what is the value of the stock if your required rate of return

Setimpal preferred stock pays a RM 0.50 annual dividend. what is the value of the stock if your required rate of return

Posted at: 2014-12-05 
A. RM 0.05

B. RM 0.50

C. RM 5.00

D. RM 50.00

It would be a simple perpetuity so

.50/.10= $5.00

A. RM 0.05

B. RM 0.50

C. RM 5.00

D. RM 50.00