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Basic Question 0 of 7
Estimate the value of a preferred stock with $100 par value, a $15 dividend, and a 12% required return.
B. $125
C. $150
A. $100
B. $125
C. $150
User Contributed Comments 2
| User | Comment |
|---|---|
| sarath | Preferred stock is like a perpetuity... |
| accounting | YES |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe features of commodities and their investment characteristics
analyze sources of risk, return, and diversification among natural resource investments
CFA® 2026 Level I Curriculum, Volume 5, Module 5.