1. Value of a Preferred Stock If a preferred stock from Pfizer Inc. (PFE) pays $10.00 in annual dividends, and the required return on the preferred stock is 9.00 percent, what's the value of the stock?
2. Explain the three most common financial statements and provide an example of how they can be used in the hospitality industry.
3. Should a Multinational Corporation (MNC) reduce its ethical standards to compete internationally? Yes or No and Why or why not.