The preferred stock is listed on the TRACE platform (a platform of professional trade securities that are
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The preferred stock is listed on the TRACE platform (a platform of professional trade securities that are not traded on a stock exchange). The price varies with market interest rates and the market’s estimation of GE’s credit worthiness— its ability to make good its promise to pay the dividends on the preferred stock. The market price of the preferred stock on 10 October 2014 was $110,445.00.
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Principles Of Finance With Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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