Value of the stock-yanti corp
Yanti Corp. preferred stock has a 5% stated dividendpercentage, and a $100 par value. What is the value of the stock if your required rate of return is 6% per year (nearest $1)?
a. $83.33
b. $100
c. $120
d. $3,000
Now Priced at $5 (50% Discount)
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