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Business, 20.07.2020 01:01 desereemariahha

The Fridge-Air Company's preferred stock pays a dividend of $4.50 per share annually. If the required rate of return on comparable quality preferred stocks is 14 percent, calculate the value of Fridge-Air's preferred stock.

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The Fridge-Air Company's preferred stock pays a dividend of $4.50 per share annually. If the require...
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