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BAC is considering an issue of preferred stock. The dividends are 8.12% of the $25 par value.
a. If the present price is $26.25 per share, what is the return on the preferred stock?
b. Assume the preferred stock will mature in 20 years. If the price is $26.25 per share, what is the return on the preferred stock? HINT: This is just like a bond, but the face value is 25. For the problem, you can suppose the dividends are annual.
SCENARIO You have just moved out of home and have a part-time job that pays you $18 per hour after tax (you work 20 hours a week). You also have $5000 in a savings account. You
I have a question regarding assignment help, once completed, will I receive the assignment via email?
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FASB Assignment
The business plan for a new company that has obtained a 5 year lease for operating a local bus service is shown below. Items marked with an asterisk represent continuous cash flow
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