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out-of-sight telecommunications has a preferred stock outstanding with a par value of $40 per share that pays an annual dividend equal to 5 percent. (a)
out-of-sight telecommunications has a preferred stock outstanding with a par value of $40 per share that pays an annual dividend equal to 5 percent. (a) if investors who purchase similar investments require a 10 percent return, what is the market value of OST`s preferred stock? (b) what would be the market value of the stock if investors require an 8 percent return?
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