23 (7 points) WhQuestion 24 (7 points) A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If your required rate of return on this investment is 12 percent, what is the value of each share? Question 24 options: 1) $1,000.00 2) $962.00 3) $904.67 4) $833.33 5) $813.67ich of the following statements about project classifications is most correct? Question 23 options: 1) Projects are classified by purpose, such as replacement projects. 2) Projects are classified by size, such as less than $1 million. 3) Projects are classified by life, such as less than five years. 4) Statements a. and b. are both correct. 5) Statements a., b., and c. are all correct