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eagle company has issued new preferred stock. it will oat an annual dividend of 15 in perpetuity of beginnig 12 years from now. If the

eagle company has issued new preferred stock. it will oat an annual dividend of 15 in perpetuity of beginnig 12 years from now. If the required return for this kind of investment is 5 percent how much does a share of preferred stock cost today? ( two decimal)

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