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Intro Samsung has preferred stock outstanding with a constant annual dividend of $1.7 that is promised forever. Samsung has a required return of 10%. Part

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Intro Samsung has preferred stock outstanding with a constant annual dividend of $1.7 that is promised forever. Samsung has a required return of 10%. Part 1 - Attempt 1/1 for 10 pts. What is the intrinsic value (fair price) of Samsung preferred stock? + decimals Submit

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