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Business, 01.08.2020 18:01 Peggy1621

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.10 dividend every year, in perpetuity. If this issue currently sells for $80.65 per share, what is the required return?

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Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.10 dividend every...

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