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ZZZ-Best, Inc. recently issued $65.00 par-value preferred stock that pays an annual dividend of $17.00. If the stock is currently selling for $76.00, what is
ZZZ-Best, Inc. recently issued $65.00 par-value preferred stock that pays an annual dividend of $17.00. If the stock is currently selling for $76.00, what is the expected return of this preferred stock?
| 22.37% |
| 22.94% |
| 24.42% |
| 20.27% |
| 22.60% |
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Risk Management And Financial Institutions
Authors: John C. Hull
3rd Edition
1118269039, 9781118269039
