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Example 8 - 3 Suppose you own a preferred stock that promises to pay 5 % annual dividend of the par value of the stock
Example Suppose you own a preferred stock that promises to pay annual dividend of the par value of the stock received in quarterly installments If the par value is $ the preferred stockholder will receive: Annual dividends Quarterly dividends
Example
Suppose you own a preferred stock that promises to pay annual dividend of the par value of the stock received in quarterly installments If the par value is $ the preferred stockholder will receive:
Annual dividends
Quarterly dividends
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