chapter 8 question 7

Pano Points: 0 of 1 Save (Preferred stockholder expected retum) You own 200 shares of Budd Corporation preferred stock at a market price of 517 per share Buddys dividends $2.25 What is your expected rate of return? If you have a required rate of return of 15 percent, should you sell your shares or buy more of the stock? elp a. Your expected rate of return is (Round to two decimal places) Clear all Checker