Solved: E-eyescom has a new issue of preferred stock it calls 2020, Finance Basics

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E-eyescom has a new issue of preferred stock it calls 2020

Valuing Preferred Stock. E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. If you require a return of 8 percent on this stock, how much should you pay today?

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Finance Basics: E-eyescom has a new issue of preferred stock it calls 2020

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