Simkins Renovations Inc. issued perpetual preferred stock with a 4% annual dividend. The stock currently yields 18%, and

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Simkins Renovations Inc. issued perpetual preferred stock with a 4% annual dividend. The stock currently yields 18%, and

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Simkins Renovations Inc Issued Perpetual Preferred Stock With A 4 Annual Dividend The Stock Currently Yields 18 And 1
Simkins Renovations Inc Issued Perpetual Preferred Stock With A 4 Annual Dividend The Stock Currently Yields 18 And 1 (14.95 KiB) Viewed 47 times
Simkins Renovations Inc Issued Perpetual Preferred Stock With A 4 Annual Dividend The Stock Currently Yields 18 And 2
Simkins Renovations Inc Issued Perpetual Preferred Stock With A 4 Annual Dividend The Stock Currently Yields 18 And 2 (21.96 KiB) Viewed 47 times
Simkins Renovations Inc. issued perpetual preferred stock with a 4% annual dividend. The stock currently yields 18%, and its par value is $100. What is the preferred stock's value? $19.92 $25.00 $22.22

$19.92 O $25.00 $22.22 $18.83 O $20.05
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