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Suppose the CorporateFin Co. wants to sell preferred stock paying the holders $5 per quarter forever, and the quarterly interest rate is 2%. What price
Suppose the CorporateFin Co. wants to sell preferred stock paying the holders $5 per quarter forever, and the quarterly interest rate is 2%. What price will CorporateFin have to offer if the preferred stock is going to sell? *PLEASE SHOW WORK **
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