Bullish, Inc. has an issue of preferred stock outstanding that pays a $ 8.00 dividend every year, in perpetuity. If this issue currently sells for $ 98.00 per share, what is the required return

The required return is 8.16%

Explanation:

The computation of the required return is shown below:

The Required rate of return on preferred stock is

= Dividend per share ÷ Share price

= $8.00 ÷ $98.00

= 8.16%

By dividing the dividend per share from the share price we can get the required return and the same is to be considered

Hence, the required return is 8.16%

answer///the stewardship worldview;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.