You bought a share of 3.1 percent preferred stock for $94.82 last year. The market price for

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You bought a share of 3.1 percent preferred stock for $94.82 last year. The market price for your stock is now $97.18. What was your total return for last year?

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Corporate Finance

ISBN: 978-1259918940

12th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Dec 06, 2019 12:22 PM

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You bought a share of 3.1 percent preferred stock for $94.82 last year. The market price for

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The return of any asset is the increase in pr...View the full answer

Corporate Finance

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