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E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend

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E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today Required: If you require a 875 percent return on this stock, how much should you pay today? Do not include the doller sign (5). Round your answer to 2 decimal places (e.g. 3216):) Current stock price

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