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Smiling elephant Inc. has an issue of preferred stock outstanding the pay is a $4.60 dividend every year in perpetuity. If this issue currently sells
Smiling elephant Inc. has an issue of preferred stock outstanding the pay is a $4.60 dividend every year in perpetuity. If this issue currently sells for $79.90 per share what is the required return?
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Financial Ratio Analysis
Authors: Andrew P.C.
1st Edition
1973493381, 978-1973493389
