You bought a share of 3.5 percent preferred stock for $92.07 last year. The market price for your stock is nnow $96.12.
Posted: Wed Jul 06, 2022 6:40 pm
You bought a share of 3.5 percent preferred stock for$92.07 last year. The market price for your stock is nnow $96.12.What was your total return for last year? Professor Cursio adds:3.5% of par value of $100 means $3.50 individends.