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The preferred stock of a firm is expected to pay a dividend of $3.50 per share forever. If the stock has B= 1.8, the expected
The preferred stock of a firm is expected to pay a dividend of $3.50 per share forever. If the stock has B= 1.8, the expected return on market is 12% and risk free rate is 4%. What is the expected return of this stock ? What is the value of this stock ?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
