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Business, 15.04.2020 19:14 Aldcperformer

A preferred stock will pay a dividend of $7.50 in the upcoming year, and every year thereafter, i. e., dividends are not expected to grow. You require a return of 10% on this stock. Use the constant growth DDM to calculate the intrinsic value of this preferred stock.

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A preferred stock will pay a dividend of $7.50 in the upcoming year, and every year thereafter, i. e...
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