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A firm has an outstanding issue of preferred stock with a par value of $62.50 and paying a preferred dividend of 12%. If the required
A firm has an outstanding issue of preferred stock with a par value of $62.50 and paying a preferred dividend of 12%. If the required return on this stock is 6.5%, at what price should the stock be selling?
If a stock is currently priced at $50 per share and the firms current earnings per share is $8, what price would you pay if you forecast new earnings per share to be $6.00?
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