The company LOG, Inc. decided to
carry out an expansion project for which it
needed additional funds. Preferred shares were
issued that pay $6 in dividends, with an even
value of $ 60. These shares are being sold in the
market for $ 50 per share. If the similar
alternatives at risk at your disposal yield 15%,
you
to.
I would buy the shares because they are worth
more than they cost.
b.
I would not buy the shares because their market
value is below par value.
C.
There is not enough information to reach a
conclusion.
d.
I would not buy the shares because they cost
more than they are worth.
The company LOG, Inc. decided to carry out an expansion project for which it needed additional funds. Preferred shares w
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