What is the stock worth today
Problem: Suppose an annual dividend of preferred stock pays $6.30 and there is a return on investment of 5.6%. What is the stock worth today?
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Which bond will likely be the higher returning investment from here a 10-year US Treasury Bond or a 10-year Junk Bond? Which bond is the better choice for Jim?
Suppose an annual dividend of preferred stock pays $6.30 and there is a return on investment of 5.6%. What is the stock worth today?
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