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A share of preferred stock pays a $3.96 quarterly dividend. If investors require a 15.35% rate of return, what is a fair price for each
A share of preferred stock pays a $3.96 quarterly dividend. If investors require a 15.35% rate of return, what is a fair price for each share?
(Answer to the nearest $0.01)
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Financial Management For Farmers And Rural Managers
Authors: Martyn Warren
4th Edition
0632048719, 9780632048717
