Business, 22.04.2020 19:57 alannaamarriee

Electric Utilities just issued some new preferred stock. The issue will pay a $20 annual dividend in perpetuity beginning 10 years from now. What is one share of this stock worth today if the market requires a return of 9 percent on this investment

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Electric Utilities just issued some new preferred stock. The issue will pay a $20 annual dividend in...

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