Question: please someone send me an answer for this question in details 5. a. Ace Corporation preferred stock pays an 8% dividend on a par value

 please someone send me an answer for this question in details

please someone send me an answer for this question in details

5. a. Ace Corporation preferred stock pays an 8% dividend on a par value of $50 and is currently selling at $47.50. What is required rate of return on the stock? 7.5% parchasing price = 47.50 8 b. 8% 8.4% d. 12.5% 2.5 so C. 4+2.5 e. 16%

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