2. They purchase common stock because to make money in three different ways, they profit when they reciece dividends, when the dollar value of their stock appreciates, when the stock splits and increases in dollar value
3. investors purcahse preferred stock because they want a steady source of income s
4. they split stocks because f the market value is alot higher than this range the stock split brings the market value back into line. the lower price of stocks after they split attracts investors, over time the price wil rise again
6. kwame should recieve $67.05 a year you take they amount of stocks multiply it by the value of each share then multiple it by it's dividend rate which is 6%.
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