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6 E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $10 in perpetuity, beginning 10 years from now. If

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6 E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $10 in perpetuity, beginning 10 years from now. If the market requires a 6 percent return on this investment, how much does a share of preferred stock cost today? 1 points Multiple Choice $98.65 $166.67 $93.07 $93.72 $103.58

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