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You are interested in buying the preferred stock of a bank that pays a dividend of $2.45 every quarter. If you discount such cash flows
You are interested in buying the preferred stock of a bank that pays a dividend of $2.45 every quarter. If you discount such cash flows at 7 percent, what is the value of this stock?
| Value of the stock $____________________ |
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
