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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 for a preferred stock.
| A. 10% | |
| B. 12% | |
| C. 13% | |
| D. 14% |
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Routledge Handbook Of Social And Sustainable Finance
Authors: Othmar M. Lehner
1st Edition
1138343773, 978-1138343771
