Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

CFA Events Calendar

View full calendar

Recommended Discussions

See how our partners can help you ace your CFA exams.

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:

Level I:  Adapt Exam Engine + Video Lessons + Study Manual
Level II: Adapt Exam Engine + Video Lessons
Level II: Coming 2016

Free Trial with mock exam!

Question of the Week - Equity 14 votes

pabulumsMindaugasBlueJay3535 3 votes
AdaptPrepmdlynch3 2 votes
SarahStuj79googs1484arsenal93Beregondnicolincodmuller27hakziavannoord 9 votes


Sign In or Register to comment.