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QUESTION 6 ch 14 Preferred stock B has a $95 annual dividend, $1,000 par value, and matures after twenty-five years If comparable yields are 9
QUESTION 6 ch 14 Preferred stock B has a $95 annual dividend, $1,000 par value, and matures after twenty-five years If comparable yields are 9 percent, what should be the price of preferred B stock? Hint: can use financial calculator to solve. Rou nearest whole dollar. Just type the number, no commas, no dollar signs
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