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eagle company has issued new preffered stock. it will pay an annual dividend of 15 dolar in perpetuity, beginining 12 years from now. if the

eagle company has issued new preffered stock. it will pay an annual dividend of 15 dolar in perpetuity, beginining 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?

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