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You are interested in buying the preferred stock of a bank that pays a dividend of $2.05 every quarter. If you discount such cash flows
You are interested in buying the preferred stock of a bank that pays a dividend of $2.05 every quarter. If you discount such cash flows at 8 percent, what is the value of this stock?
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
