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detailed answers, please and thank you! A preferred stock pays a $12 annual dividend, paid out as $3.00 per quarter, in perpetuity. The value of

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A preferred stock pays a $12 annual dividend, paid out as $3.00 per quarter, in perpetuity. The value of the preferred stock is basically the PV of the payments. If you discount these payments at 8.000% compounded quarterly, what is the PV? Answer is S, no decimal places. 10 Apreferred stock pays a $10 annual dividend, paid out as $10 per year, in perpetuity. The value of the preferred stock is basically the PV of the payments. What is the discount rate if the PV is $200? Answer is a %, to three decimal places

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