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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 If you require a return of 10 25 percent on this stock, how much should you pay today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.. Current stock price Hints References eBook & Resources Hint 1 Check my work Type here to search O BI hp > ( la dividend 3 of Basket G. is 1853.80. Inuest 126 on similar stos

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