preferred stocks

Jensenll · #1 Apr 8, 2007, 05:24 PM

Fee Founders has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred stock sells for $60 a share. What is the preferred stock’s required rate of return?

goldenbutterfly · Apr 8, 2007, 09:09 PM

(5/60) = 8.33%

Sodium · Apr 8, 2007, 09:14 PM

my answer doesnt help or anyhitng but i thought id let everyone know that i thought the subject was prefered SOCkS lmao
sry for the no help answer :P
i thought it was funny



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