STOCK $5.00
STOCK $5.00
I have a preferred STOCK OUTSTANDING that pays $5, it sells for $60 a share. What is required rate of return?
dividends= $5.00, preferred stock sells for 60 dollars a share. How to I figure out the preferred stocks required state of return?
The rate of return on your stock is:
Ret. Percent = (5.00 X 100)/60 = 8.333%
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