West Coast Ltd. wants to issue preferred stock that pays an annual dividend of $6.80 a share. The company has determined that stocks with similar characteristics provide a 12.25 percent rate of return. What should the offer price be
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Home » Business » West Coast Ltd. wants to issue preferred stock that pays an annual dividend of $6.80 a share. The company has determined that stocks with similar characteristics provide a 12.25 percent rate of return. What should the offer price be