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ABC Company's preferred stock is selling for $35 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 $35 a share. If the required return is 8%, what will the dividend be two years from now? Which of the following is correct? 1. $2.00 2. $2.20 3. $2.40 4. $2.80 5. $3.2

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