If a share of preferred stock pays a quarterly dividend of $2.25, has a $60 par value and investors require a return of 15%, the stock will sell for:

Name: If a share of preferred stock pays a quarterly dividend of $2.25, has a $60 par value and investors require a return of 15%, the stock will sell for:
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The Answer of If a share of preferred stock pays a quarterly dividend of $2.25, has a $60 par value and investors require a return of 15%, the stock will sell for:

If a Share of Preferred Stock Pays a Quarterly Dividend