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Based on the following information concerning AT&T preferred stock, Preferred dividend per share: $10 Beta: 1.5 Risk free rate: 4% Market risk premium: 6% What

Based on the following information concerning AT&T preferred stock,

Preferred dividend per share: $10

Beta: 1.5

Risk free rate: 4%

Market risk premium: 6%

What is the expected price in 5 years?

Select one:

a. $76.92

b. $90.61

c. $71.52

d. $82.09

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