There is a callable preferred stock at 110 par in 9 years
There is a callable preferred stock at 110 par in 9 years, paying $4 annually and having a yield of 6%. Compute its price, if it is called. In case the issuing firm decides to not call it, what would its price be?
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there is a callable preferred stock at 110 par in 9 years paying 4 annually and having a yield of 6 compute its price
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