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I am considering buying a preferred stock the pays fixed dividend of $2 per share. The dividend has stayed constant for the past 15 years
I am considering buying a preferred stock the pays fixed dividend of $2 per share. The dividend has stayed constant for the past 15 years and will do so moving forward. I desire an *% return on investment. How much should I pay for stock?
Is 20 a share only if I hold for ten years a possible answer?
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