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Question 1 3 Nickelplate Manufacturing Corporation ( NMC ) is capitalized with 1 million shares of a 6 % $ 5 0 par callable preferred
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Nickelplate Manufacturing Corporation NMC is capitalized with million shares of a $ par callable preferred stock and million shares of $ par common stock. Your customer's required rate of return on fixed income investments is The NMC preferred stock would be an appropriate addition to this customer's portfolio only if the stock was not priced in excess of
A $
B $
C $
D $
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