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    cynt310's Avatar
    cynt310 Posts: 2, Reputation: 1
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    #1

    Feb 10, 2010, 10:17 AM
    preffered stock returns
    preferred stock outstanding with par value of $100. The stock pays a quarterly dividend of $2 and it current price is $80. What is its nominal annual rate of return?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Feb 12, 2010, 02:18 AM

    Please see the guidelines for posting homework:https://www.askmehelpdesk.com/financ...-b-u-font.html
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