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betterway betterway
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7 years ago
No-par preferred stock has no stated face value, but its annual dividend is stated as a percentage of the market value.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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betterway Author
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6 years ago
Thank you
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