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Aenical Corporation issued $ 1 0 0 million of $ 1 0 0 par value preferred stock a number of years ago. The stock pays

Aenical Corporation issued $100 million of $100 par value preferred stock a number of years ago. The stock pays quarterly dividends of $1.25. Recent issues of comparable preferred stock carry a dividend yield of 10%. One could expect the market price of the Aenical preferred stock to be closest to
A)$25.
B)$50.
C) $100.
D)$75.
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