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Chris M.
Chris M., M.S.W. Social Work
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(Required return for a preferred stock) James River $3.38 preferred

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(Required return for a preferred stock) James River $3.38 preferred is selling for $45.25. The preferred dividend is nongrowing. What is the required return on James River preferred stock?

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Submitted: 6 years ago.
Category: Homework
Expert:  Chris M. replied 6 years ago.
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