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Briefly explain how a hanging valley forms.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends and without voting rights.
Plowing Back
The reinvestment of earnings by a company back into its own operation or projects, also known as retained earnings.
ROE
Return on Equity, a financial ratio that measures the profitability of a business in relation to shareholder’s equity, indicating how well a company uses investments to generate earnings growth.
Dividend Growth Rate
The annualized percentage rate of growth of a company's dividend payments.
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