16.5 Describe how high-grade preference shares are priced in the market. What role does dividend yield play

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16.5 Describe how high-grade preference shares are priced in the market. What role does dividend yield play in the valuation of preference shares? Could you use the zero-growth dividend valuation model to value a preference share? Explain.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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