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Canvas X A You bought a stock for $75.00 before it paid the dividend of $6.00. The dividends are unlikely to change in the future.

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Canvas X A You bought a stock for $75.00 before it paid the dividend of $6.00. The dividends are unlikely to change in the future. At what price do you expect to sell the stock 22 years later, if the required rate of return is still 8.00 percent? $70.50 $78.00 $71.25 $81.00 $75.00 Question 28 1 pts Ajax Company has issued a perpetual preferred stock with a constant annual dividend of $10. If the required rate of return is 735 percent what is the preferred stock's current market price? $127.89 $13605 $129.25 $140.13 $141.49

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