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19. The preferred stock of Disco Tunes Inc. pays an annual dividend of $1.50. If you require a 12% return on a security with this

19. The preferred stock of Disco Tunes Inc. pays an annual dividend of $1.50. If you require a 12% return on a security with this level of risk, what is the most that you would be willing to pay for a share of Disco's preferred stock? A $10.00 B. $12.50 $15.00 $17.50 E $20.00

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