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latise
Sep 20, 2009, 05:26 PM
Required return for a preferred stock) James River $3.38 preferred is selling for $45.25. The preferred dividend is nongrowing. What is the required return on James River preferred stock?

ArcSine
Sep 21, 2009, 04:19 AM
Read the forum's homework help rules, Latise, then post back with your thoughts on solving the problem--along with any specific areas for which you need hints or help.