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Business, 07.06.2020 00:03 bhenley

Graphical Designs is offering 20-20 preferred stock. The stock will pay an annual dividend of $20 with the first dividend payment occurring 20 years from today. The required return on this stock is 5.10 percent. What is the price of the stock today?

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Graphical Designs is offering 20-20 preferred stock. The stock will pay an annual dividend of $20 wi...
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