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GameStop issued Preferred Stock with a 6% coupon continuous into perpetuity and $100 par. What is the price of a share if the market rate
GameStop issued Preferred Stock with a 6% coupon continuous into perpetuity and $100 par. What is the price of a share if the market rate on similar Preferred Stock shares is 5%? a. $80.00 b. $100.00 c. $120.00 d. cannot tell without growth rate
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