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ABC Company's preferred stock is selling for $25 a share. If the required return is 8%, what will the dividend be two years from now?

ABC Company's preferred stock is selling for $25 a share. If the required return is 8%, what will the dividend be two years from now? 1) $3.25 2) $2.40 3) $2.20 4) $2.00 5) $2.80

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