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Question 1 2 pts Builtrite preferred stock has a 4.5% coupon based on a par value of $80 a share. Currently, investors require a 5%
Question 1 2 pts Builtrite preferred stock has a 4.5% coupon based on a par value of $80 a share. Currently, investors require a 5% return. What is the value of Builtrite's preferred stock? $88.88 $72.00 $77.50 $82.00
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