Suppose you want to own some of Comcasts preferred stocks . If the stock gives a $2
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Question:
Suppose you want to own some of Comcast’s preferred stocks. If the stock gives a $2 dividend per year and you require a 9% return on your investment, how much are you willing to pay for the stock? (Round your answer to two decimal point)
Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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