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Intro Samsung has preferred stock outstanding with a constant annual dividend of $3.2 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 $3.2 that is promised forever. Samsung has a required return of 10%. Part 1 Attempt 1/5 for 2 pts. What is the intrinsic value (fair price) of Samsung preferred stock? 0+ decimals Submit

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