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i need some help with this question 8 A preferred stock pays a $10 annual dividend, paid out as $10 per year, in perpetuity. The

i need some help with this question
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8 A preferred stock pays a $10 annual dividend, paid out as $10 per year, in perpetuity. The value of the preferred stock is basically the PV of the payments. If you discount these payments at 8.000% compounded annually, what is the PV? Answer in S, to two decimal places ie. Sx.xx.xx woon with. The sun afonnenfor

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