You bought a share of 4.5 percent preferred stock for $105.35 last year. The market price for
Question:
You bought a share of 4.5 percent preferred stock for $105.35 last year. The market price for your stock is now $103.18. What is your total return for last year?
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The return of any asset is the increase in price plus ...View the full answer
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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