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130 Lindor Inc.'s $100 par value preferred stock pays a dividend fixed at 8% of par To earn 12% on an investment in this stock,

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130 Lindor Inc.'s $100 par value preferred stock pays a dividend fixed at 8% of par To earn 12% on an investment in this stock, you need to purchase the shares at a per share price of A) $9.60. B) $66.67 C) $96.00 D) $150,00. Answer: B CA utnome F-09 Discuss the fundamentals of stocks and how to value them

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