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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $9 in perpetuity, beginning 6 years from now. If the

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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $9 in perpetuity, beginning 6 years from now. If the market requires a 9 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice $59.63 $100.00 $68.24 $64.99

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