You would like to earn a 9.5 percent rate of return on a 9 percent preferred stock. that sells for $100 per sha

You would like to earn a 9.5 percent rate of return on a 9 percent preferred stock. that sells for $100 per share. How much are you willing to pay for 10 shares?

		94.74
		105.56
		947.37
		1055.56

re. How much are you willing to pay for 10 shares? 94.74 105.56 947.37 1055.56