They were selling for $1,038.34 each.
300 Shares of Preferred Stock C, which carries a Dividend Yield of 4.1% and a face value of $100. They were selling for $75.34 each at the time.
Today, the assets are selling at the following:
Stock A: $68.47 per share
Calculation of dollar return over three year perio Capitalgain inCurrent value ofprice of stock orPurchase price of stock or stock or bond =Stock/Bond Bond=(A)bond =(B) (‘C)=(A-B)A$64.18 $…