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Business, 04.07.2020 01:01 taytaycola223

E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. The required return on the stock is 7.75 percent. Required:
On this stock, how much should you pay today?

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E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividen...
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