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20. Home Depot just paid a preferred stock dividend of $15 and these dividends are paid annually. If your required rate of return for Home

20. Home Depot just paid a preferred stock dividend of $15 and these dividends are paid annually. If your required rate of return for Home Depot stock is 12 percent, what value would you give to this stock?

Group of answer choices

a. $113

b. $125

c. $262

d. $343

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