Question: Ch 4 - 0 2 . Your firm decides that the above security would be more attractive to investors if it were issued as a
Ch Your firm decides that the above security would be more
attractive to investors if it were issued as a security that paid a
quarterly dividend of $ in perpetuity. Assuming investors will
use the same discount rate as above how many securities
will you sell if you set the price of this security at $
don't pick this
no securities will be sold if investors are rational but you need to be
able to tell me why on an exam
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