Glacier inc preferred stock has a 5 stated dividend


Glacier Inc. Preferred stock has a 5% stated dividend percentage, and a $100 par value. What is the value of the stock if your required rate of return is 6% per year?

A. $83.33

B. $94.05

C. $100.00

D. $30.00

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Electrical Engineering: Glacier inc preferred stock has a 5 stated dividend
Reference No:- TGS01381078

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