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Chopard jenelers has issued bondh common stock and preferred stock. The yTu on the bonds is 13w and the expected anoull returh on the common

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Chopard jenelers has issued bondh common stock and preferred stock. The yTu on the bonds is 13w and the expected anoull returh on the common stockis 20k. Which of the following assertions about the expected annual return on the prefecnd stoek issued by Chopard jewelers it most likely to be true? The expected annusi reture oa the prefered tock is 23s The expected ancult retem ee the prefteded stet is 16%

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