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Business, 16.06.2021 21:10 angoraspinner

Wallace Container Company issued $100 par value preferred stock 12 years ago. The stock provided a 9 percent yield at the time of issue. The preferred stock is now selling for $72. What is the current yield or cost of the preferred stock

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Wallace Container Company issued $100 par value preferred stock 12 years ago. The stock provided a 9...
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