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Positive Tronics Industries preferred stock has a par value of $100 and pays a dividend of $4.00 per share It presently sells for $85 per
Positive Tronics Industries preferred stock has a par value of $100 and pays a dividend of $4.00 per share It presently sells for $85 per share. What do investors require as a rate of return on this stock? Round off to the nearest 10%. Select one: O a. 10.0%. O b. 8.3%. O C. 4.7%. O d. 6.5%
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