Question
The preferred shares of Novak Electrical Co. have a par value of $100 and a dividend rate of 9 percent. The current price is $120.
The preferred shares of Novak Electrical Co. have a par value of $100 and a dividend rate of 9 percent. The current price is $120. If the risk-free rate is 3.05 percent, what is the risk premium associated with these preferred shares? (Round answer to 2 decimal places, e.g. 1.61%.)
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
