You bought a share of 2.8 percent preferred stock for $94.16 last year. The market price for
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You bought a share of 2.8 percent preferred stock for $94.16 last year. The market price for your stock is now $96.20. The par value is $100. What is your total return for last year?
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The return of any asset is the increase in pr...View the full answer
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Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Question Posted:
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