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29) UVP preferred stock pays $5.00 in annual dividends. Your required rate of return is 13% on this stock. a) [5 pts] How much will

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29) UVP preferred stock pays $5.00 in annual dividends. Your required rate of return is 13% on this stock. a) [5 pts] How much will you be willing to pay for one share? b) [3 pts] The market price of one share of UVP preferred stock is $31.50. Based on your answer to part "a", should you buy the stock

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