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.)
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Ten years ago, stigler company issued $100 par value preferred stock yielding 6%. the preferred stock is now selling for $102 per share. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » 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.)