Butler, Inc. preferred stock has a par value of $50 and pays a 6.0% dividend...
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Finance
Butler, Inc. preferred stock has a par value of $50 and pays a 6.0% dividend with a $57 price. What is Butlers expected rate of return?
Another of Butlers preferred stock issues pays a $4.20 dividend and has the same yield (rate of return) as above. What is the value of this preferred stock?
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