Solved: Nisource preferred b nyse ni-b is a fixed-rate perpetual, Accounting Basics

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Nisource preferred b nyse ni-b is a fixed-rate perpetual

NiSource Preferred B (NYSE: NI-B) is a fixed-rate perpetual preferred stock paying a $3.88 annual dividend. If the required rate of return is 7.88 percent, what is the value of one share? If the price of this preferred stock were $46.00, what would be the yield?

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Accounting Basics: Nisource preferred b nyse ni-b is a fixed-rate perpetual

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Accounting Basics: Nisource preferred b nyse ni-b is a fixed-rate perpetual

Reference No:- TGS0798961

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