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What should be the prices of the following preferred stocks if comparable securities yield 7%? Why are the valuations different? A. M N Inc,. $8

What should be the prices of the following preferred stocks if comparable securities yield 7%? Why are the valuations different?

A. M N Inc,. $8 preferred ($100 par)

B. C H Inc., $8 preferred ($100 par) with mandatory retirement after 20 years

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