What is the value per share
Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its $100 par value. If investors' required rate of return on this stock is 15%, what is the value per share?
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Department 65 consists of an issue of preferred stock which pays a dividend of $4.00. The preferred stockholders need a rate of return on this stock of 9%. At what price should the preferred stock sell for? Round off to the closest $0.10.
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Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its $100 par value. If investors' required rate of return on this stock is 15%, Determine the value per share?
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