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Business, 30.03.2020 22:38 NetherisIsTheQueen

A 14.5 percent preferred stock has a liquidating value of $100 a share. What is one share of this stock currently worth to an investor who desires a 42.5 percent annual rate of return?

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A 14.5 percent preferred stock has a liquidating value of $100 a share. What is one share of this st...
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