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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $15 in perpetuity, beginning 8 years from now. If the
E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $15 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 O $73.13 O $150.00 O $80.82 O $69.98 $76.97
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