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    James River: Required Preferred Stock Return

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

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    Required return for a preferred stock

    James River $3.38 preferred is ...

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    This solution provides a neat, step by step response for calculating required return for a preferred stock. This is all completed in a brief, 20 word solution.