Give examples of five types of financial assets

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1. List, explain, and give examples of 5 types of Financial Institutions.

2. List, explain, and give examples of 5 types of Financial Assets.

3. Taylor Inc. has perpetual preferred stock outstanding that has a par value of $100 per share and a dividend yield of 9.5% of stated value. If the appropriate interest rate for Taylor's preferred stock is 8.3%, how much is each share of preferred stock worth?

A. 93.98

B. 107.23

C. 114.46

D. 110.84

E. 113.25

Reference no: EM131849341

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