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E-Eyes.com Bank just issued some new preferred stock. The issue will pay a $10 annual dividend in perpetuity, beginning 4 years from now. If the

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E-Eyes.com Bank just issued some new preferred stock. The issue will pay a $10 annual dividend in perpetuity, beginning 4 years from now. If the market requires a 12 percent return on this investment, how much does a share of preferred stock cost today? $62.28 $52.96 $56.35 $83.33 $59.32

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