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Lansard Inc has preferred stock outstanding that currently sells for 55 per share The par value is $60 and it pays a dividend of 10 What is the stocks required rate of return if the market is

Lansard Inc, has preferred stock outstanding that currently sells for $55 per share. The par value is $60, and it pays a dividend of 10%. What is the stock's required rate of return if the market is in equilibrium?

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Aug 16 2020 View more View Less

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