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The preferred stock of Tango Corp. pays a $ 2 5 per - share annual dividend indefinitely, starting from the end of Year 6 .
The preferred stock of Tango Corp. pays a $ pershare annual dividend indefinitely,
starting from the end of Year If the discount rate is calculate the fair price of this
preferred stock. If the current price of this preferred stock is $ should we buy the
stock? Why?
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