F F.A New member Oct 24, 2010 #1 Jones Brothers Clothing just issued preferred stock with a face value equal to $80 that pays a 10 percent annual dividend. If the stock currently yields 8 percent, what is its market value?
Jones Brothers Clothing just issued preferred stock with a face value equal to $80 that pays a 10 percent annual dividend. If the stock currently yields 8 percent, what is its market value?
