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ebook Problem 14-01 Big Oil, Inc. has a preferred stock outstanding that paysa 57 annual dividend. If investors required rate of return is 10 percent,

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ebook Problem 14-01 Big Oil, Inc. has a preferred stock outstanding that paysa 57 annual dividend. If investors required rate of return is 10 percent, what is the market value of the share Round your answer to the nearest cent. $ If the required return declines to 5 percent, what is the change in the price of the stock Round your answer to the nearest cent The price raced by dece

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