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Business, 12.11.2019 06:31 xkxd13x

Smiling elephant, inc., has an issue of preferred stock outstanding that pays a $2.85 dividend every year, in perpetuity. if this issue currently sells for $77.32 per share, what is the required return?

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Smiling elephant, inc., has an issue of preferred stock outstanding that pays a $2.85 dividend every...

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