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please help!! i will thumbs up! need asap Question 4 You are considering to buy a preferred stock that has just paid a monthly dividend
please help!! i will thumbs up!
Question 4 You are considering to buy a preferred stock that has just paid a monthly dividend of $12. The required rate of return of 16%. The dividends' monthly growth rate is 0.9% The preferred stock is callable after 21 years with a call price of $1,350. If you expect that the preferred stock will be called, what will be its fair price now? $1,893 O $1,685 $1,817 0 $1,988 O $2,007 need asap
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