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Business, 25.06.2020 04:01 iBrain

E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $14 in perpetuity, beginning 19 years from now. If the market requires a return of 4.4 percent on this investment, how much does a share of preferred stock cost today

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E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $14 in perpetu...
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