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Business, 13.03.2020 17:58 jeff6284

Villalpando Winery wants to raise $10 million from the sale of preferred stock. If the winery wants to sell one million shares of preferred stock, what annual dividend will it have to promise if investors demand a return of a. 12%? b. 18%? c. 8%? d. 6%? e. 9%? f. 7%?

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