North Pole Cruise Lines issued preferred stock many years ago. It carries a fixed dividend of $ 600 per share. With the passage of time,yields have sored from the original 6 percent to 14 percent ( yield is the same as required rate of return).© BrainMass Inc. brainmass.com October 9, 2019, 8:37 pm ad1c9bdddf
Preferred Stock value
North Pole Cruise Lines issued preferred stock many years ...
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