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A preferred stock from Hecla Mining Co. (HLPRB) pays $2.10 in annual dividends. If the required rate of return on the preferred stock is 5.4
A preferred stock from Hecla Mining Co. (HLPRB) pays $2.10 in annual dividends. If the required rate of return on the preferred stock is 5.4 percent, what is the fair present value of the stock?
What is the fair present value?
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
