Completion Submit. Dieleu II Uhe glting. Do not leave the test before clicking Save and Remaining Time: 1 hour, 59 minutes, 36 seconds. Question Completion Status: Save All Answers Save and Submit QUESTION 1 9 pointsSave Answer Maynard Inc. preferred stock pays an annual dividend of $7 per share. Which of the following statements is true for an investor with a required return of 9%? O The value of the preferred stock is $77.78 per share. O The value of the preferred stock is $63.00 per share. O The value of the preferred stock is $7 because the dividend is fixed at $7 each year 0 The value of the preferred stock is $6.30 per share because of the 9% required return. 9 points Save