Q3: Health Corporation issued callable preferred stock in 2007 @100 each that will pay dividend @11.50% having maturity life of 20 years. The current market price of the preferred stock is $178. The company is planning to call back these preferred socks by the end of the year 2021 @$225 each. If you are an investor and want to purchase 1500 preferred shares now, calculate how much you will earn in percentage till the end of the year 2021? If the company don't call back the shares- what will be the minimum acceptable value for you to buy the shares and will you go for that investment