What is the value of a preferred stock when the dividend rate is
15
percent on a
$...
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Mathematics, 27.07.2019 04:30 kaileyy06
What is the value of a preferred stock when the dividend rate is
15
percent on a
$ 100
par value? the appropriate discount rate for a stock of this risk level is
11
percent.
the value of the preferred stock is
$nothing .
(round to the nearest cent.)
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Answers: 2
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