The prospective purchaser may withdraw the offer at any time before the seller's acceptance of an offer has been communicated to the prospective purchaser:
A: Unless the offer states that it is irrevocable;
B: Provided the offer is not supported by a deposit;
C: Provided the offeree has breached the offer;
D: For any reason.
Answer: D: For any reason.
Business
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Indicate whether the statement is true or false
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Bueno Media preferred stock shares pay a $4 annual dividend and sell for $57.14 per share. What is the current required rate of return for their shares?
A) 7.00% B) 6.93% C) 6.51% D) 5.29%
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