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6.XYZ co. has a preferred stock with an annual dividend of $8.5 per share. 5 points If the required return on this preferred stock is

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6.XYZ co. has a preferred stock with an annual dividend of $8.5 per share. 5 points If the required return on this preferred stock is 7.5%, at what price should the stock sell? * O a) $106 Ob) $105 c) $103 O d) $113.33 e) None of the above tysic en dividend points

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