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A 4.5%, $100 face value preferred stock was issued by Acer Plastics Inc. 7 years ago. The stock is currently trading at $55; what is
A 4.5%, $100 face value preferred stock was issued by Acer Plastics Inc. 7 years ago. The stock is currently trading at $55; what is the required return on this stock?
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7.18%
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11.25%
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4.5%
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8.18%
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
