Yanti corp preferred stock has a 5 stated

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Yanti Corp. preferred stock has a 5% stated dividendpercentage, and a $100 par value. What is the value of the stock if your required rate of return is 6% per year (nearest $1)?

a. $83.33

b. $100

c. $120

d. $3,000

Reference no: EM13575657

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