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I need help solving this problem Intro The preferred stock of General Motors pays a dividend of $2 every quarter. The appropriate discount rate is

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Intro The preferred stock of General Motors pays a dividend of $2 every quarter. The appropriate discount rate is 3% per quarter. Part 1 [1 B Attempt 1/10 for 10 pts. What is the present value of all dividends? Part 2 1. Attempt 1/10 for 10 pts. If you expect to receive the $2 every quarter for exactly 2 years and nothing thereafter, what is the present value of those cash flows

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