IF the required rate of return is 9 3/3 % and the dividend for preferred stock is $6.50, what would be the value of this preferred stock? 10/1/2013 | C from Birmingham, AL | 1 Answer | 0 Votes Mark favorite Subscribe Comment
C -- a 10% return on $6.50div values the stock at $65 ... a 9+% return values closer to $70 :) 10/2/2013 | Brad M. Comment Comments Hey Brad. Thanks for replying. Can you put it in the the proper format so that I can understand how you arrived at your answer? 10/2/2013 | C from Birmingham, AL Comment
Hey Brad. Thanks for replying. Can you put it in the the proper format so that I can understand how you arrived at your answer? 10/2/2013 | C from Birmingham, AL
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