To raise funds your firm decides to sell a security that, Finance Basics

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To raise funds your firm decides to sell a security that

Question: To raise funds, your firm decides to sell a security that will pay a quarterly dividend of $10 for 30 years. You know that securities for companies of comparable risk have annual interest rates of 10%. What is the maximum price that investors will pay for this security? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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