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If possible, please submit as text and not an image! Thank you PREFERRED STOCKVALUATION Farley Corporation issued perpetual preferred s an 8% annual dividend. me
If possible, please submit as text and not an image! Thank you
PREFERRED STOCKVALUATION Farley Corporation issued perpetual preferred s an 8% annual dividend. me stock currently yields 7%, and its par value is $100. a. What is the stock's value? b. Suppose interest rates rise and pull the preferred stock's yield up to What is its new market value?
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