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What is the expected change in price of a 6% preferred stock if the required rate of return drops instantly from 8% to 6%?
What is the expected change in price of a 6% preferred stock if the required rate of return drops instantly from 8% to 6%?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
