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Problem 14-02 What should be the prices of the following preferred stocks if comparable securities yield 9 percent? Use Appendix B and Appendix D to

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Problem 14-02 What should be the prices of the following preferred stocks if comparable securities yield 9 percent? Use Appendix B and Appendix D to answer the questions. Round your answers to the nearest cent. a. MN, Inc., $12 preferred ($180 par) b. CH, Inc., $12 preferred ($180 par) with mandatory retirement after 9 years

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