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Apply Search/A- Sites 2673 A Hide Time Remaining A Question 20 of 25 5 Points . The holder of each share of Tennessee Technology Company
Apply Search/A- Sites 2673 A Hide Time Remaining A Question 20 of 25 5 Points . The holder of each share of Tennessee Technology Company preferred stock expects to receive a dividend of $1.82 quarterly (every three months). If a rational purchaser would require a 7.86% compounded annual rate of return (in EAR terms), at what price would we expect each share to be sold? (Be sure to carry computations out several decimal places for accuracy.) O A. $110.87 OB. $92.62 OC. $381.23 OD. $115.71 E. $95.31 Reset Selection W la 8:35 PM 6/26/2020 hp
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