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A firm issues preferred stock with a dividend of $4.64. If the appropriate discount rate is 7.69% what is the value of the preferred stock?
A firm issues preferred stock with a dividend of $4.64. If the appropriate discount rate is 7.69% what is the value of the preferred stock?
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Guide To Finance Theory And Application Portfolio Mathematics
Authors: Professional Risk Managers' International Association (PRMIA)
1st Edition
0071731814
