Question
Forever, Inc.'s preferred stock has a par value of $1,000 and a dividend equal to 12.0% of the par value. The stock is currently selling
Forever, Inc.'s preferred stock has a par value of $1,000 and a dividend equal to 12.0% of the par value. The stock is currently selling for $616.00. What discount rate is being used to value the stock?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
8th Edition
0814406807, 978-0814406809
