1. What was Lyndon B. Johnson's great society and what would it encompass?
2. In their 10 point plan, what did the black panther party advocate for? Why is this significant?
3. E-Eyes.com Bank just issued some new preferred stock. The issue will pay a $6 annual dividend in perpetuity, beginning 11 years from now.
Required :
If the market requires a 12 percent return on this investment, how much does a share of preferred stock cost today?