Question: How is preferred stock with no fixed maturity typically valued?It is valued as a perpetuity, considering its constant dividend payments.It is valued based on the

How is preferred stock with no fixed maturity typically valued?It is valued as a perpetuity, considering its constant dividend payments.It is valued based on the company's projected earnings growth.It is valued by discounting dividends for a specific number of years.It is valued based on fluctuations in the stock market price.

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