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    Calculate required return on preferred stock

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    James River $3.38 preferred is selling for $45.25. The preferred stock is non-growing. What is the required return on preferred stock?

    If you use the spreadsheet method shown in the workshop, assume "forever" means 200 years.
    If you use the Excel formula, assume payments are made at the end of the period.

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    https://brainmass.com/business/beta-and-required-return-of-a-project/calculate-required-return-preferred-stock-275741

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