Question: Problem solution: 22- Calculates the nominal rate of return on a perpetual preferred share with a face value of $ 300, a dividend of 8%

Problem solution:

22- Calculates the nominal rate of return on a perpetual preferred share with a face value of $ 300, a dividend of 8% of the face value, and a current market price of $ 270.

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Problem solution: 22- Calculates the nominal rate of return on a perpetual preferred share with a face value of $ 300, a dividend of 8% of the face value, and a current market price of $ 270.

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