What is the nominal rate of return on this stock

Reference no: EM13282883

The 6 percent preferred stock of Marley Enterprises is currently selling for $51 a share. What is the nominal rate of return on this stock if the par value is $100 per share?

Reference no: EM13282883

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What is the nominal rate of return on this stock : The 6 percent preferred stock of Marley Enterprises is currently selling for $51 a share. What is the nominal rate of return on this stock if the par value is $100 per share?

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