Ups preferred stock pays 2 in annual dividends if your


Finance: Value and Expected rate of return on preferred stock

Question

UPS preferred stock pays $2 in annual dividends. If your required rate of return is 17.00 percent, how muc would you be willing to pay for one share of this preferred stock? Round answer to two decimal places.

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Finance Basics: Ups preferred stock pays 2 in annual dividends if your
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