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OpenStudy (anonymous):
I need Help with this finance question... You own 100 shares of Markley Co. preferred stock that is currently priced at $51.47 per share. If you are getting 13.6% return on your investment what is the constant dividend payment that Markley makes for each share?
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OpenStudy (dwelsher):
6.99/share (your own 100 share that are valued at 5147 and you are getting .136 yield on the entire amount,~699/year for 100 share then each share would provide a constant dividend payment of ~(699/100)=6.99.
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