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E-Eyes.com Bank just issued some new preferred stock. The issue will pay a $19 annual dividend in perpetuity, beginning 9 years from now. If the
E-Eyes.com Bank just issued some new preferred stock. The issue will pay a $19 annual dividend in perpetuity, beginning 9 years from now.
| If the market requires a 9 percent return on this investment, how much does a share of preferred stock cost today? $100.65 $211.11 $105.95 $111.25 |
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
