Total return for last year
Problem:
You bought a share of 6.5 percent preferred stock for $87.40 last year. The market price for your stock is now $88.10.
Required:
Question: What is your total return for last year?
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You bought a share of 6.5 percent preferred stock for $87.40 last year. The market price for your stock is now $88.10. Question: What is your total return for last year?
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