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Which of the following factors are considered when determining whether a security is debt or equity? I. Permanence factor II. Subordination factor III. Objective factor
Which of the following factors are considered when determining whether a security is debt or equity? I. Permanence factor II. Subordination factor III. Objective factor IV. Legal factor V. Subjective factor I and II I. II, and III I, II, and IV I.II, IV, and V Question 20 1 pts A firm's price-to-earnings ratio is 16 . It has just paid a dividend of $1.80 per share to maintain a 45 percent payout ratio. What is the firm's current market price if its return on equity is 12 percent? Do NOT use units ($,%), spaces or commas in your answers
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