A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the required return on the preferred stock is 7.7 percent, what is the value of the stock?Explain why the grow

“FedEx Corp stock ended the previous year at $103.39 per share. It paid a $0.35 per share dividend last year. It ended last year at $107.69. If you owned 100 shares of FedEx, what was your dollar return and percent return?”

Explain why a percentage return can be more useful than a dollar return.

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