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Determine the value of a share of dupont series

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Question - Determine the value of a share of DuPont Series A $5 cumulative preferred stock, no par, to an investor who requires a 8 percent rate of return on this security. The issue is callable at $140 per share plus accrued dividends. However, the issue is not expected to be called at any time in the foreseeable future.

Reference no: EM133149591

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