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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $19 in perpetuity, beginning 8 years from now. If the

image text in transcribed E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $19 in perpetuity, beginning 8 years from now. If the market requires a 10 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice $92.63 $102.38 $190.00 $88.64 $97.50

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