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    Calculate Preferred stock rate of return given price and dividend

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    XYZ Corp has preferred stock outstanding that pays an annual dividend of $12. It has a price of $110. What is the required rate of return (yield) on the preferred stock?

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    https://brainmass.com/business/accounting-for-corporations/calculate-preferred-stock-rate-of-return-given-price-and-dividend-59256

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