ABC limited issued to retail investors a fixed rate perpetual preferred stock 4 years ago at par value of $10 per share with a $2.85
ABC limited issued to retail investors a fixed rate perpetual preferred stock 4 years ago at par value of $10 per share with a $2.85 dividend. If the company had issued the preferred stock today the yield would be 8.5 percent. The stock's current value is:
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Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
