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A preferred stock from Duquesne Light Company (DQUPRA) pays $3.30 in annual dividends. If the required return on the preferred stock is 6.20 percent, whats
A preferred stock from Duquesne Light Company (DQUPRA) pays $3.30 in annual dividends.
If the required return on the preferred stock is 6.20 percent, whats the value of the stock?
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
