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9 Russell owns a preferred stock that pays a constant annual dividend of $19 a share. What is this stock worth to him today if
9 Russell owns a preferred stock that pays a constant annual dividend of $19 a share. What is this stock worth to him today if he requires a 15.3 percent rate of return?
a $124.18
b $21.91
c $102.27
d $43.81
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Financial Management And Policy
Authors: James C. Van Horne
11th Edition
0137512236, 9780137512232
