Question
lake industries preferred stock has a par value of $100 and pays a dividend of $6.00 per share. it presently sells for $87 per share.
lake industries preferred stock has a par value of $100 and pays a dividend of $6.00 per share. it presently sells for $87 per share. what do investors require as a rate of return on this stock?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. Mcguigan, William J. Kretlow
9th Edition
032416470X, 9780324164701
