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Business, 16.04.2020 22:24 u8p4

You are considering an investment in one of two preferred stocks, TCF Capital or TAYC Capital Trust. TCF Capital pays an annual dividend of $ 4.27, while TAYC Capital pays an annual dividend of $ 4.48. If your required return is 11 percent, what value would you assign to the stocks?

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You are considering an investment in one of two preferred stocks, TCF Capital or TAYC Capital Trust....
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