Question you own 300 shares of dalton resources preferred, Ask an Expert

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Question: You own 300 shares of Dalton Resources preferred? stock, which currently sells for $38.96 per share and pays annual dividends of $ $3.25 per share.

a. What is your expected return?

b. If you require a return of 6 percent, given the current price, should you sell or buy more stock?

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Category:- Basic Finance
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