How much would you estimate one share of rocky inc

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Let's say we invest in the preferred stock of Rocky, Inc. The stock has a stated value of $50.00 per share and the stock is commonly called "$50.00 10% preferred, cumulative stock." It has paid its usual 10% dividend for as long as anyone can remember and it is expected to continue to do so for the foreseeable future. The company is healthy and sells Rocky Brand dog food.

How much would you estimate one share of Rocky,Inc. $50.00 10% preferred, cumulative stock is worth?" Support your opinion.

Reference no: EM13805007

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How much would you estimate one share of rocky inc : Let's say we invest in the preferred stock of Rocky, Inc. The stock has a stated value of $50.00 per share and the stock is commonly called "$50.00 10% preferred, cumulative stock." It has paid its usual 10% dividend for as long as anyone can remem..

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