E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $7 in perpetuity, beginning 5 years from now. If the market requires a 7 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice $76.29 $72.48 $80.10 Multiple Choice $76.29 $72.48 $80.10 $71.30 $100.00