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Business, 12.03.2020 06:10 infinitexero1022

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $4.70 dividend every year, in perpetuity. If this issue currently sells for $79.95 per share, what is the required return

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Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $4.70 dividend every...
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