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Business, 03.04.2020 16:19 Jbutler15

Southern Utilities just issued some new preferred stock. The issue will pay a $19 annual dividend in perpetuity beginning 9 years from now. What is one share of this stock worth today if the market requires a 7 percent return on this investment

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Southern Utilities just issued some new preferred stock. The issue will pay a $19 annual dividend in...

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