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Business, 02.10.2019 00:00 yeet1273

Two years ago you bought 100 shares of big bubba convertible preferred stock at $25 per share. the preferred stock had an annual dividend of $2.125 per share, and a total of $3.19 in dividends per share have been paid so far. today the company announced that the stock is redeemable for $26.70 plus accrued and unpaid dividends, for a total of $27.76. alternatively, holders may convert their shares of preferred stock at a conversion rate of 1.6393 shares of big bubba common stock for each share of preferred stock. if the closing price of big bubba common stock is $27.50, what is your holding period return?

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Two years ago you bought 100 shares of big bubba convertible preferred stock at $25 per share. the p...
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