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10 Feb 2019
FinCorp has issued both common and preferred stock. FinCorp's common stock just paid a $1.70 divided and its current price is $ 22 per share. The common divided is expected to grow at a constant rate of 5% per year. FinCorp's preferred stock pays a perpetual $8.80 annual dividend and sells for $98.25. The preferred stock price is expected to remain constant in the foreseeable future. What it is the 1) expected total return on FinCorp's common and preferred stock. 2) expected divided yield on FinCorp's common and preferred stock. 3) expected capital gains yield on FinCorp's common and preferred stock. Thanks!
FinCorp has issued both common and preferred stock. FinCorp's common stock just paid a $1.70 divided and its current price is $ 22 per share. The common divided is expected to grow at a constant rate of 5% per year. FinCorp's preferred stock pays a perpetual $8.80 annual dividend and sells for $98.25. The preferred stock price is expected to remain constant in the foreseeable future. What it is the 1) expected total return on FinCorp's common and preferred stock. 2) expected divided yield on FinCorp's common and preferred stock. 3) expected capital gains yield on FinCorp's common and preferred stock. Thanks!
Elin HesselLv2
11 Feb 2019
