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Business, 01.07.2021 23:30 phillipfruge3

E-Eyes Bank just issued some new preferred stock. The issue will pay a $9 annual dividend in perpetuity, beginning 6 years from now. If the market requires a 6 percent return on this investment, how much does a share of preferred stock cost today

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E-Eyes Bank just issued some new preferred stock. The issue will pay a $9 annual dividend in perpetu...
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