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calcrismore calcrismore
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A month ago
If the required rate of return is higher than the dividend rate of a preferred share, the par value is ________ the current market value of the preferred share.

▸ higher than

▸ less than

▸ equal to

▸ independent of
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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schoolkidchuckschoolkidchuck
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A month ago
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