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QUESTION
A firm has an issue of preferred stock outstanding that has a par value of $100 and a 4% dividend. if the current market price of the preferred stock is $50, the yield on the preferred stock
A firm has an issue of preferred stock outstanding that has a par value of $100 and a 4% dividend. if the current market price of the preferred stock is $50, the yield on the preferred stock is ________. g.com
