1 a preferred stock from hecla mining co hlprb pays 280 in, Ask an Expert

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1. A preferred stock from Hecla Mining Co. (HLPRB) pays $2.80 in annual dividends. If the required rate of return on the preferred stock is 6.8 percent, what is the fair present value of the stock? (Round your answer to 2 decimal places. (e.g., 32.16))

2. How much money would you have to deposit today in order to have $3,000 in five years if the discount rate is 10 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management, Finance

Category:- Financial Management
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