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Business, 12.08.2020 06:01 cjgonzalez981

Delta Rockets recently issued $80 par value preferred stock that pays an annual dividend of $16. Based on your research, you estimate that the stock has a required rate of 17.5%. What is the intrinsic value of this preferred stock?

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Delta Rockets recently issued $80 par value preferred stock that pays an annual dividend of $16. Bas...
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