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Problem 14-02 eBook What should be the prices of the following preferred stocks if comparable securities yield 10 percent? Use Appendix B and Appendix

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Problem 14-02 eBook What should be the prices of the following preferred stocks if comparable securities yield 10 percent? Use Appendix B and Appendix D to answer the questions. Round your answers to the nearest cent. a. MN, Inc., $12 preferred ($190 face value) $ $ b. CH, Inc., $12 preferred ($190 face value) with mandatory retirement after 5 years.

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