document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=69780>Question 69780</A>: <I><SPAN STYLE=\"word-break: break-all;\"> YOU HAVE PURCHASED A SHARE OF PREFERRED STOCK FOR $50. THE PREFERRED STOCK PAYS AN ANNUAL DIVIDEND OF $5.50 PER SHARE. WHAT IS THE RATE OF RETURN ON YOUR INVESTMENT? <BR>\n" );
document.write( "A. 5.5%<BR>\n" );
document.write( "B. 10.0%<BR>\n" );
document.write( "C. 11.0%<BR>\n" );
document.write( "D. 22.0%\r<BR>\n" );
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document.write( "I SET THIS UP AS 50x11.0=5.5\r<BR>\n" );
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document.write( "WHICH WOULD MAKE THE CORRECT ANSWER C, DID I DO THIS CORRECTLY? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #49725 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=49725\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> YOU HAVE PURCHASED A SHARE OF PREFERRED STOCK FOR $50. THE PREFERRED STOCK PAYS AN ANNUAL DIVIDEND OF $5.50 PER SHARE. WHAT IS THE RATE OF RETURN ON YOUR INVESTMENT? <BR>\n" );
document.write( "---------<BR>\n" );
document.write( "5.5/50 = 0.11 = 11%<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );