Problem
• The corporation has 200,000 shares of preferred stock outstanding that is cumulative and 100,000 common stock outstanding. The preferred dividend is P3.00 per share and has not been paid for three years. If the corporation earned P1 million this year, what could be the maximum payment to the preferred stockholders on a per share basis?
• Y bought 100 shares of a company's stock for P30,000 per share on January 1, 2018. Y received a dividend of P2.00 per share at the end of 2018 and P3.00 per share at the end of 2019. At the end of 2020, Y collected a dividend of P4.00 per share and sold his stock for P33.00 per share. What is Y's realized holding period return?