#28 The market price of a share of preferred stock is $20.62 and the dividend is $2.56. What discount rate did the market use to value the stock? Submit Answer format: Percentage Round to: 2 decimal...

#28<br>The market price of a share of preferred stock is $20.62<br>and the dividend is $2.56. What discount rate did the<br>market use to value the stock?<br>Submit<br>Answer format: Percentage Round to: 2 decimal places<br>(Example: 9.24%, % sign required. Will accept decimal<br>format rounded to 4 decimal places (ex: 0.0924))<br>unanswered<br>not_submitted<br>Attempts Remaining: Infinity<br>

Extracted text: #28 The market price of a share of preferred stock is $20.62 and the dividend is $2.56. What discount rate did the market use to value the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswered not_submitted Attempts Remaining: Infinity

Jun 08, 2022

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#28 The market price of a share of preferred stock is $20.62 and the dividend is $2.56. What discount rate did the market use to value the stock? Submit Answer format: Percentage Round to: 2 decimal...

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