What is the required rate of return ob a preferred stock


what is the required rate of return ob a preferred stock with a $50 par value, a stated dividend of 11%, and a current market price of (a) $59, (b) $90, (c) $113, (d) $148 (assume the market is in equilibrium with the required return equal to the expected return)?

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Financial Management: What is the required rate of return ob a preferred stock
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