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  3. 4. a. eastern cement company has a (10+last digit

4. a. Eastern Cement Company has a (10+last digit of your ID)% preferred stock issued...

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Finance

4. a. Eastern Cement Company has a (10+last digit of your ID)% preferred stock issued outstanding, with each share having Tk. 1,000 face value. Currently the market price of the stock is Tk. 1,800. What is the percentage of yield of the stock? [2.5]

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