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Chapter 10 HW Help Save & Suit Check my work 2 Problem 10-24 Preferred stock value (LO10-4) 30 North Pole Cruise Line od preferred stock

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Chapter 10 HW Help Save & Suit Check my work 2 Problem 10-24 Preferred stock value (LO10-4) 30 North Pole Cruise Line od preferred stock many years ago. It ca a fond dividend of $10 per share with the passage of yields have changed from the original percent to 7 percent yield is the same as required rate of return What was the original sue rice? (Do not found intermediate calculations. Round your newer to 2 decimal places) ber h. What is the current value of this preferred stock? (Do not round Intermediate calculations. Round your answer to 2 decimal places)

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