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发布时间:2023-11-20 04:12:26

[单项选择]Nortel Industries has a preferred stock outstanding that pays (fixed) annual dividends of $3.75 a share. If an investor wants to earn a rate of return of 8.5 percent, how much should he be willing to pay for a share of Nortel preferred stock()
A. $44.12.
B. $31.88.
C. $37.50.

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