Buknoy owns 300 shares of 6% of preferred stocks with a par value of P82.00. V stock? P86 for the stock? Select one: O a. 5.79%; 6.51% O b. 5.15%; 5.79% O c. 6.51%; 5.97% O d. 6.15%; 5.79% No answer
Buknoy owns 300 shares of 6% of preferred stocks with a par value of P82.00. V stock? P86 for the stock? Select one: O a. 5.79%; 6.51% O b. 5.15%; 5.79% O c. 6.51%; 5.97% O d. 6.15%; 5.79% No answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Buknoy owns 300 shares of 6% of preferred stocks with a par value of P82.00. What is his stock yield if he paid P78 for the
stock? P86 for the stock?
Select one:
O a. 5.79%; 6.51%
O b. 5.15%; 5.79%
O c. 6.51%; 5.97%
O d. 6.15%; 5.79%
O e. No answer
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