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Hello please help me with them The value of the preferred stock is $ per share. (Round to the nearest cent.) (Preferred stock valuation) Kendra
Hello please help me with them
The value of the preferred stock is $ per share. (Round to the nearest cent.) (Preferred stock valuation) Kendra Corporation's preferred shares are trading for $30 in the market and pay a $3.60 annual dividend. Assume that the market's required yield is 14 percent. a. What is the stock's value to you, the investor? b. Should you purchase the stock? a. The value of the stock to you, the investor, is $ per share. (Round to the nearest cent.)
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