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E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $13 in perpetuity, beginning 5 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 $13 in perpetuity, beginning 5 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 $144.44 $107.44 $97.21 $102.33 $93.88

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