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A preferred stock pays $8 of dividends a year. You have no reason to believe that this dividend payment will stop or change in the

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A preferred stock pays $8 of dividends a year. You have no reason to believe that this dividend payment will stop or change in the future. If you would discount cash flows from this dividend at 20%, how much would this stock be worth to you? O A $1.60 OB. $16 OC. $40 OD $80

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