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Yasar

Why book value of preferred stock being used in the solution? In my opinion market value should have been used instead of book value to be consistent.

question? JG Enterprises has 50 million shares, trading at $4 a share; the cost of equity is 12%. It has debt with a market value of $ 100 million and a pre-tax cost of debt of 6%. Finally the co...
Mar 20 2014 10:04 AM
Rachit

How the dividends are paid on the preferred stocks

dividends based on a percentage of that par at a fixed rate...
Sep 18 2015 08:04 PM