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ellie425 ellie425
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7 months ago
Ontario Transportation Inc. has issued $2.5 million in preferred shares with a par value of $25 each and an annual dividend rate of 10.0%. The market value of the preferred shares is ________ if the required rate of return is 8.0%.

▸ $34,380,000

▸ $2,000,000

▸ $2,500,000

▸ $3,125,000
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Corporate Finance

Corporate Finance


Edition: 5th
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navgilnavgil
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