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Market value of the preferred stock-hershey company

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If the Dividend on The Hershey Company (HSY) Preferred stock is $10.00 per share and the return required by investors in preferred stock (Kp) is 10.00%, what is the market value of the preferred stock? What would the value of the preferred stock be if the required rate of return (Kp) decreased to 6%?

Reference no: EM132726137

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