Offering non participating preferred stock

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A company is offering non participating preferred stock pays $2.00 per year annual dividends per share, if investors require an 8% return on this preferred stock, what is the value of each stock?

What is the current market price if a 15 year, $1,000 corporate bond which pays a coupon rate of 6% per year, if the current market yield is

a) 5%

b) 9%

Reference no: EM131185588

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