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6. Problem 9.08 (Preferred Stock Valuation) a. What is the stock's value? $ b. Supbose interest rates rise and pull the preferred stock's veld up

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6. Problem 9.08 (Preferred Stock Valuation) a. What is the stock's value? $ b. Supbose interest rates rise and pull the preferred stock's veld up to 14%. What is ts new narkw value? 6. Problem 9.08 (Preferred Stock Valuation) a. What is the stock's value? $ b. Supbose interest rates rise and pull the preferred stock's veld up to 14%. What is ts new narkw value

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