You bought a share of 6 percent preferred stock for $95.12 last year. The market price for

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You bought a share of 6 percent preferred stock for $95.12 last year. The market price for your stock is now $93.80. What is your total return for last year?

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Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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Question Posted: Apr 24, 2012 07:42 AM

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You bought a share of 6 percent preferred stock for $95.12 last year. The market price for

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Essentials Of Corporate Finance

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