(10%) Home Depot (HD) issued preferred stock shares at a face value of $100 per...
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(10%) Home Depot (HD) issued preferred stock shares at a face value of $100 per share with a yield at the time of issuance of 10%3 years ago. The shares are currently selling for $120 per share. a. What is the total return of an investor who bought the shares at issuance and held to today (ignore taxes)? b. What return should an investor buying them today expect
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