Business, 29.06.2021 22:30, malikbryant2002
Preferred stock has a par (face) value of $80. The annual dividend is $6.00 per share. Investors in this preferred stock have a required rate of return equal to 8%. Compute the current price of a share of the preferred stock. Round to the second decimal place.
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Preferred stock has a par (face) value of $80. The annual dividend is $6.00 per share. Investors in...
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