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answer correctly please asap Tarpon Bay Industries preferred stock pays an annual dividend of $3.50 per share. If the risk-free rate is 2.5%, the expected
answer correctly please asap
Tarpon Bay Industries preferred stock pays an annual dividend of $3.50 per share. If the risk-free rate is 2.5%, the expected return on the market is 7%, and Tarpon Bay's preferred stock is only 4/5 as risky as the market on average, what is the most that an investor should be willing to pay for a share of Tarpon Bay preferred stock TODAY? O A $23.68 OB. $43.21 O C. $37.53 OD. $57.38Step by Step Solution
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