Determine the Value of a LASKA 6

question 13

Multiple Choice

Determine the value of a LASKA 6.25% cumulative preferred stock, series D, par value $75 to an investor who requires a 9.5% rate of return on a security with this risk.

• A) $65.79
• B) $49.37
• C) $75.00
• D) $114.00

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