Wat variables must be known or estimated in applying the


1. Define the following terms associated with preferred stock:

a. Cumulative feature

b. Participation

c. Call feature

2. What variables must be known (or estimated) in applying the capitalization of cash flow method of valuation to a physical or financial asset?

3. Define the following:

a. The market value of an asset

b. Market equilibrium

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Financial Management: Wat variables must be known or estimated in applying the
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