Question
Problem 9-9 Preferred stock returns Bruner Aeronautics has perpetual preferred stock outstanding with a par value of $100. The stock pays a quarterly dividend of
Problem 9-9 Preferred stock returns
Bruner Aeronautics has perpetual preferred stock outstanding with a par value of $100. The stock pays a quarterly dividend of $3, and its current price is $123.
What is its nominal annual rate of return? Round your answer to two decimal places. %
What is its effective annual rate of return? Round your answer to two decimal places.
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
