An analyst gathers the following information about a company's non-callable, fixed-rate perpetual preferred stock:
- Par value: $50
- Annual dividend rate: 5%
- Current share price: $48
The capitalization rate of the stock is closest to: | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
Chartered Financial Analyst Level 2
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An analyst gathers the following information about a company's non-callable, fixed-rate perpetual preferred stock:
Par value: $50
Annual dividend rate: 5%
Current share price: $48
The capitalization rate of the stock is closest to:
