Business, 20.04.2021 17:40 kaylyns134
Game of Drones Military Corporation is considering a new tank project. The firm will issue new preferred stock as part of the financing package. The firm currently has its preferred stock trading at $110.00 per share. These preferred shares were issued with a par value of $100.00 and offer a dividend rate of 4.25% APR. For NEW shares of preferred stock, what coupon rate must Game of Drones use to sell shares close to a $100 par value
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Game of Drones Military Corporation is considering a new tank project. The firm will issue new prefe...
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