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Instructions 1) What is the value of the preferred stock when the dividend rate is 14% and the par value is $100? The discount rate
Instructions 1) What is the value of the preferred stock when the dividend rate is 14% and the par value is $100? The discount rate is 12%. 2) Assume a preferred stock is selling for $33 per...
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
14th edition
133507696, 978-0133507690
