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15 12.25%, what is the value of a share of common stock today? ) What is the value of a share of preferred stock that

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15 12.25%, what is the value of a share of common stock today? ) What is the value of a share of preferred stock that promises to pay $2.30 every year, indefinitely, if you have a required rate of return of 12.10%? 1 The current price of lanco stock is $7.79. Dividends are expected to prow at 3.58% inde

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