preferred stock ($100 par value)that sells for $80 and pays an annual dividend of $12. Required rate of return for the stock is 12%.
calculate the value of the security based on your required rate of return.
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preferred stock ($100 par value)that sells for $80 and pays an annual dividend of $12. Required rate of return for the stock is 12%.
calculate the value of the security based on your required rate of return.
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