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You are considering buying a share of preferred stock which you plan to hold for 1 8 years, then sell. It has a 1 4
You are considering buying a share of preferred stock which you plan to hold for years, then sell. It has a annual dividend, $ par value and you require return at the present moment. At the time you sell, the required return is in the market is expected to be At what price should you expect to sell the stock at the end of year
Enter your answer as a number with four decimal places and without the currency symbol. For example, if your answer is $ enter
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