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Firm A issues a preferred stock that pays an annual dividend of $3.9 with a dividend yield of 6.5%. If the price of the stock
Firm A issues a preferred stock that pays an annual dividend of $3.9 with a dividend yield of 6.5%. If the price of the stock is $63, should you buy or short it?
| Buy | ||
| Short | ||
| Cannot decide |
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Handbook Of Corporate Equity Derivatives And Equity Capital Markets
Authors: Juan Ramirez
1st Edition
1119975905, 978-1119975908
