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10:17 ufuture.uitm.edu.my III I Next #27 Suppose you own 300 shares of CDE's preferred stock. The fair price of RM100 preferred share is RM86 each

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10:17 ufuture.uitm.edu.my III I Next #27 Suppose you own 300 shares of CDE's preferred stock. The fair price of RM100 preferred share is RM86 each and pays a dividend of RM4 per share on each quarter. If you require 15 percent return, what is the intrinsic value of the preferred stock? Answer RM573.33 RM86.02 RM106.67 RM26.67 Next 8 2014 - 2021

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