What is the par value of tsp preferred stock
Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors' required rate of return on this stock is 15%, what is the value of per share?
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Prior to 2010, Brooks invested $22,553,000 in Norton Industries and has not changed its holdings this year. This investment in Norton Industries was valued at $21,523,000.
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Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share.
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QP Corp. sold 6,500 units of its product at $50 per unit in year 2010 and incurred operating expenses of $5 per unit in selling the units.
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