If a preferred stock (issued in perpetuity) has a price

If a preferred stock (issued in perpetuity) has a price of $20 a share and pays an annual dividend of $1.50 a share, what is its current yield? Can you calculate its yield to maturity? Explain. Could you experience a capital gain or loss with this stock? Explain.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...

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