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Robinson Corporation $100 face value fixed-rate preferred stock pays an annual dividend of $5.43 per share. What is the yield on this stock if today's
Robinson Corporation $100 face value fixed-rate preferred stock pays an annual dividend of $5.43 per share. What is the yield on this stock if today's market price is $55.00 ? \begin{tabular}{|c|} \hline 9.87% \\ \hline 55.00% \\ \hline 5.43% \\ \hline \end{tabular} Cannot be determined from the data given. Question 5 2 pts The required rate of return of professional investors: Can be determined by asking them. Does not enter the cost of capital calculation. Is higher that the required rate of return of non-professional investors. Is impossible to determine
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