Question
A preferred stock investment will pay you an annual $9 dividend on the same day each year. The dividends will begin 9 years from today
A preferred stock investment will pay you an annual $9 dividend on the same day each year. The dividends will begin 9 years from today and go on forever. How much is this investment worth today if the required rate is 10%?
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
