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15. Troll Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $9.5 per share. If the required return on this
15. Troll Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $9.5 per share. If the required return on this preferred stock is 6.5%, at what price should the stock sell? * O A. $104.27 B. $106.95 C. $109.69 O D. $146.15 O E. None of the above
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