You are interested in buying ABC Company's preferred stock, which is traded at
$48.68
per share today. This preferred stock pays a perpetual a大nual dividend of
$4.45
per share and has a par value of
$30
per share. What rate of return do you expect from the purchase of this preferred stock?
9.22%

9.19%

9.08%

9.27%

9.14%

Question

You are interested in buying ABC Company's preferred stock, which is traded at

$48.68

per share today. This preferred stock pays a perpetual a大nual dividend of

$4.45

per share and has a par value of

$30

per share. What rate of return do you expect from the purchase of this preferred stock?

9.22%

9.19%

9.08%

9.27%

9.14%

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