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1. a bond with several years to maturity has a coupon rate that is less than its yield to maturity. The bond will: 2. preferred

1. a bond with several years to maturity has a coupon rate that is less than its yield to maturity. The bond will:

2. preferred stockholders have the right to receive dividends in arrears prior to common stock dividends being paid. This type of preferred stock is called

3.a stock just paid a dividend of $2.00. Dividends are expected to grow at an annual rate of 4%. What is the price of the stock if the required rate of return is 10%?

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