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Homework Help Forum:
investing 3-19
Posted by
Johnny
on Sunday, February 22, 2009 at 12:07am.
A perpetual preferred stock pays a fixed dividend of $9 and sells for $100. What is the
stock’s rate of return?
A. 6.5 percent
B. 9 percent
C. 11 percent
D. 12.5 percent
I think it's B. 9 percent. $9.00 / 100 = .09
investing 3-19 -
SraJMcGin
, Sunday, February 22, 2009 at 9:40am
This is not my area either. Perhaps the following GOOGLE Search will have something useful:
http://www.google.com/search?q=stock%27s+rate+of+return&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
Sra
investing 3-19 -
pam
, Sunday, March 8, 2009 at 9:13pm
try zenwealth scroll to finance online
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