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A preferred stock that pays a constant dividend of $1.50 currently sells for $10.71. What is the required rate of return? Note: P 0 =
A preferred stock that pays a constant dividend of $1.50 currently sells for $10.71. What is the required rate of return? Note: P0 = D/R.
| A. 10% | |
| B. 12% | |
| C. 13% | |
| D. 14% |
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The Handbook Of Portfolio Mathematics
Authors: Vince
1st Edition
0471757683, 978-0471757689
