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jr3811 jr3811
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8 months ago
John is considering purchasing some preferred stock from BBCC Corp. The company pays a $3 annual dividend per share on its preferred stock, and similar risk companies are earning 7% annual returns. What should be the value of the stock per share?

▸ $21.00

▸ $42.86

▸ $2.10

▸ $428.57
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Personal Finance

Personal Finance


Edition: 2nd
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kady_kelsey2kady_kelsey2
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8 months ago
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jr3811 Author
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8 months ago
You make an excellent tutor!
vanna2014
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Yesterday
Thanks for your help!!
big_larry_samp
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2 hours ago
Correct Slight Smile TY
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