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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $16 in perpetuity, beginning 7 years from now. If the

E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $16 in perpetuity, beginning 7 years from now. If the market requires a 6 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice O $177.35 $266.67 $197.39 $178.59 $187.99
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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $16 in perpetuity, beginning 7 years from now. If the market requires a 6 percent return-on this investment, how much does a share of preferred stock cost today? Mutiple Choice 5sin35 $266.67 $19739 $178.59 $18799

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