The preferred stock of Marble Comics pays annual dividends of $2 in perpetuity (starting in one year). If you buy a preferred share for $22.39 and hold it in perpetuity, then what is your annual rate of return? Express your answer as a percentage rounded to 2 places. i. e. 12.3456%equals12.35%.

Annual rate of return =  08.94%

Explanation:

given data

annual Dividend = $2

Price per share of the preferred stock   = $22.39

solution

Annual rate of return from the preferred stock that is express as

Annual rate of return = annual Dividend ÷ Price per share of the preferred stock    ............1

put here value and we get

Annual rate of return =        

Annual rate of return = 0.0894

Annual rate of return =  08.94%

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.