What is the value of the stock for that? investor

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Question - Haney, Inc.'s preferred stock is selling for ?$20.75 per share in the market and pays a ?$2.75 annual dividend.

a. What is the expected rate of return on the? stock?

b. If an? investor's required rate of return is 11 ?percent, what is the value of the stock for that? investor?

c. Should the investor acquire the? stock?

Reference no: EM132961691

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