Will the market value of a perpetual preferred share (paying a fixed periodic dividend) rise or fall

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Will the market value of a perpetual preferred share (paying a fixed periodic dividend) rise or fall if the rate of return (dividend yield) required by investors declines? Give a brief explanation.

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 08:02 AM

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Will the market value of a perpetual preferred share (paying a fixed periodic dividend) rise or fall

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The market value will rise The rate of return ...View the full answer

Business Mathematics In Canada

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