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Question of the Week - Equity

AdaptPrepAdaptPrep Des Moines, IA, USAPosts: 211 Sr Associate
edited April 2014 in Level 1 Questions
You are provided with the following information on a non-callable, non-convertible preferred stock:
  • Face value: £65.00
  • Annual dividend: £6.35
  • Maturity: Perpetual
  • Embedded options: None
  • Required rate of return: 8.75%
The intrinsic value of this stock is closest to:

Question of the Week - Equity 35 votes

£55
2%
sr2014 1 vote
£65
8%
buhlarik042Drez07ecoffey123 3 votes
£75
88%
hairyfairymbnmichael17Rishabh_jainAdaptPreppradeepdhRoyDProsper0Carlos07westbeach96ModernAchillesHmelendezmaboi_1darsparksRandallK27ec_testjak5189Teemosimply_complex2shannondailyamgbatt 31 votes

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