Preferred stocks if comparable securities yield

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Reference no: EM13885339

What should be the prices of the following preferred stocks if comparable securities yield 6.5%? Why are the valuations different? a) Santa Fe Inc $ 2 preferred Stock ( $ 25 Par) b) Cessna Inc $ 2 preferred ( $ 25 Par) with mandatory retirement in 5 years.

Reference no: EM13885339

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