A perpetual preferred stock pays a dividend of $3.75 per face value of $100. What is the

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A perpetual preferred stock pays a dividend of $3.75 per face value of $100. What is the price of the preferred stock if investors demand a 12% rate of return.

Posted Date: May 19, 2024 07:01 PM

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A perpetual preferred stock pays a dividend of $3.75 per face value of $100. What is the

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