Alphabet Inc
Subject:FinancePrice: Bought3
Alphabet Inc. is planning to pay a quarterly dividend of $0.80 on its perpetual preferred share. The market requires a dividend yield of 4.909% compounded quarterly on preferred shares of similar risks. What is the fair market value of its perpetual preferred share just after payment of a dividend at the end of the quarter (ordinary)? *
$10
$65.19
$65.98
$40.74
