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Brink's Bank just issued some new preferred stock. The issue wl pay a $10 annual dividend in perpetuity. If the market requires a 12.5 percent

Brink's Bank just issued some new preferred stock. The issue wl pay a $10 annual dividend in perpetuity. If the market requires a 12.5 percent return on this investment, how much does a share of preferred stock cost today? If the market requires an 8 percent return on this investment, how much does a share of preferred stock cost today

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