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9 = Homework: Chapter 7 Homework a. 12%7 b. 10 % 7 Question 5, P7-13 (similar to) Part 1 of 6 Save Villalpando Winery wants

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9 = Homework: Chapter 7 Homework a. 12%7 b. 10 % 7 Question 5, P7-13 (similar to) Part 1 of 6 Save Villalpando Winery wants to raise $10 million from the sale of preferred stock. If the winery wants to sell one million shares of preferred stock, what annual dividend will it have to promise f investors demand a return of c. 8%? d. 7%? 5%9 f. 4%? a. What annual dividend will it have to promise if investors demand a return of 12%? (Round to the nearest cont.) HW Score: 12.5%, 1 of 8 points O Points: 0 of 1 C)

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