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a firm's preferred shares are currently trading at $20 per share which pays $0.5 in one year, which will grow at a constant rate of
a firm's preferred shares are currently trading at $20 per share which pays $0.5 in one year, which will grow at a constant rate of 5% every year. What is the cost of preferred equity?
adhd would like to see steps
if can be solve with excel price write formula too.
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