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hello, i need some help with this section of my homework. I already got these wrong so if you could show the work so i
hello, i need some help with this section of my homework. I already got these wrong so if you could show the work so i could get the next ones correct it would help out a lot. the second question says: "What is the value of a share of preferred stock that promises to pay $1.69 every year, indefinitely, if you have a required rate of return of 11.00%?"
I appreciate your help, Thank you.
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