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Jarab Manufacturing Companys SAR 5,000 par value preferred stock has a market price of SAR 4,850. If it has a yearly dividend of SAR 625,
Jarab Manufacturing Companys SAR 5,000 par value preferred stock has a market price of SAR 4,850. If it has a yearly dividend of SAR 625, what is your expected rate of return if you purchase the stock at its market price?
I need the answer in details. no excel please we cannot use it in the class
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