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Question of the Week - Equity

AdaptPrepAdaptPrep Des Moines, IA, USAPosts: 211 Sr Associate
edited March 2016 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 15 votes

pabulumsMindaugasBlueJay3535 3 votes
AdaptPrepmdlynch3 2 votes
SarahStuj79googs1484arsenal93Beregondnicolincodmuller27hakziavannoordsuls 10 votes


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