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A preferred stock is expected to pay a constant semi-annual dividend of $.75 every 6 months into the future. The required rate of return, Rs,

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A preferred stock is expected to pay a constant semi-annual dividend of $.75 every 6 months into the future. The required rate of return, Rs, on the preferred stock is 8 percent. What is the fair value (or price) of this stock? Seleccione una: $21,43 $10.71 510.50 $18.75 not enough data to

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