The preferred stock of company XYZ pays a preferred stock dividend of $2 each year. Assuming the required rate of return is 6%, what is the price of this preferred stock in $?

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07-10-2022
Business

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The preferred stock of company XYZ pays a preferred stock dividend of $2 each year. Assuming the required rate of return is 6%, what is the price of this preferred stock in $?

Sagot :

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