Question
The Panama Canal Store has preferred stock that was selling last month for $15 per share. The dividend yield on the preferred stock at that
The Panama Canal Store has preferred stock that was selling last month for $15 per share. The dividend yield on the preferred stock at that time was 5.40%. The dividend yield today is 3.80%. What is the stock price today?
| $11.59 |
| $19.22 |
| $21.32 |
| $22.48 |
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Business Finance
Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
