What is the share of the stock worth
Question: A preferred stock pays an annual dividend of $7.00. What is one share of this stock worth to you today if you require a 14% rate of return?
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I would be a manager of a cost center, a profit center or an investment center?
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A preferred stock pays an annual dividend of $7.00. What is one share of this stock worth to you today if you require a 14% rate of return?
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