Business
Business, 20.11.2019 02:31, Relesses

Ten years ago, stigler company issued $100 par value preferred stock yielding 6%. the preferred stock is now selling for $102 per share. what is the approximate current yield or cost of the preferred stock? (disregard flotation costs.) multiple choice there is not enough information to answer the question. 5.9% 8% 7.76%

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Ten years ago, stigler company issued $100 par value preferred stock yielding 6%. the preferred stoc...

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